The price is above the moving average MA 20, which indicates the uptrend. The average in the MACD histogram came out, although still below the zero line. Oscillator Force Index crossed the zero level for a second time. Should price action for the GBPUSD breakout above 1,5273 the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position 1,5274 Take Profit Level: 1,5542 Stop Loss Level: 1,5196 Should price action for the GBPUSD breakdown below 1,5273 the following...
Should price action for the GBPUSD remain inside the 1.5000 to 1.5100 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 1.5060 Take Profit Zone: 1.6500 – 1.6600 Stop Loss Level: 1.4700 Should price action for the GBPUSD breakout above 1.5100 the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 1.6500 – 1.6600 Stop Loss...
Should price action for the GBPUSD remain inside the 1.4925 to 1.4975 zone the following trade set-up is recommended: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position @ 1.4960 Take Profit Zone: 1.5525 – 1.5575 Stop Loss Level: 1.4800 Should price action for the GBPUSD breakout above 1.4975 the following trade set-up is recommended: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 1.5525 – 1.5575 Stop Loss...
Should price action for the GBPUSD remain inside the 1.5200 to 1.5230 zone the following trade set-up is recommended: Timeframe: H1 Recommendation: Short Position Entry Level: Short Position @ 1.5200 Take Profit Zone: 1.5030 – 1.5050 Stop Loss Level: 1.5285 Should price action for the GBPUSD breakdown below 1.5200 the following trade set-up is recommended: Timeframe: H1 Recommendation: Short Position Entry Level: Short Position @ Retracements in the trend; sell orders during rallies Take Profit Zone: 1.5030 – 1.5050...
Should price action for the GBPUSD remain inside the 1.5075 to 1.5125 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 1.5125 Take Profit Zone: 1.5750 – 1.5800 Stop Loss Level: 1.5000 Should price action for the GBPUSD breakout above 1.5125 the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 1.5750 – 1.5800 Stop Loss...
