In this Analysis you can see that the GBPUSD price on the Daily chart is crossing the baseline and indicators matching up for a BUY position
My entry details:
- Entry Level: 1.36102
- Take Profit level: 1x ATR from your entry point
- Stop Loss level: 1.5x ATR from your entry point
- Risk: 1% of balance
What do we see (?)
- Crossing of the Momentum indicator and MA indicator.
- Baseline crossing.
- Long signal(s).
News avoidance (?)
- No specific news event to avoid, it is possible to enter the position as usual.
In my opinion it is possible that the price of GBP will increase and a BUY position for GBPUSD is suitable in this matter.
*This Analysis is for educational purposes only and is not financial advise.
My entry details:
- Entry Level: 1.36102
- Take Profit level: 1x ATR from your entry point
- Stop Loss level: 1.5x ATR from your entry point
- Risk: 1% of balance
What do we see (?)
- Crossing of the Momentum indicator and MA indicator.
- Baseline crossing.
- Long signal(s).
News avoidance (?)
- No specific news event to avoid, it is possible to enter the position as usual.
In my opinion it is possible that the price of GBP will increase and a BUY position for GBPUSD is suitable in this matter.
*This Analysis is for educational purposes only and is not financial advise.