GBPUSD H1: IHS Bulls Best Level to BUY/SHORT TP +100 (SL/TP/NEW)
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GBPUSD H1: IHS Bulls Best Level to BUY/SHORT TP +100 (SL/TP/NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as LONG because I expect more gains.
🔸 Summary and potential trade setup ::: GBPUSD 1hour/candle chart review ::: strong bullish chart IHS in progress ::: still a speculative setup now ::: higher risk strat: BUY DIPS TP 4010 +90 pips ::: currently not the best spot to trade though ::: two primary options: SHORT from 4010 TP +130 pips ::: bulls should wait for IHS neckline re-test then pullback ::: and focus on buying low later once pattern is validated ::: based on mid-term outlook ::: expecting more gain in GBPUSD ::: recommend strategy: SHORT 4010 SL 30 TP +130 pips ::: recommended strategy: SHORT/HOLD from NECKLINE ::: TP1 +70 TP2 +130 pips ::: good luck traders 🔸 Supply/Demand Zones ::: 3800 fresh demand zone ::: 4010 fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS/PULLBACK ::: Sentiment outlook mid-term: BULLS
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