GBPUSD Buy Setup

GBPUSD Buy Setup

- look for buy with DXY down move confirmation
- risk attempt with tight SL
- targeting at least towards previous high at level 1.39500
- aim for longer swing trade target to 1.40000 and above

Komentarz:

careful not to enter too early without confirmation
it might go one more down before reversing to the upside

Komentarz:

In the trade

Komentarz:

Trade closed with small profit
Trade not ready to go and it could come down break previous low
Will look for reentry again

Komentarz:

Was able to avoid the down move of taking the SL
but didnt able to have a nice buy entry and missed the trade
For those in the buy, try take some profit whenever there's break of structure high
as there's still potential for deep pullback if DXY reversing up trend