gbpusd h2 range trading short from overhead resistance

🔸Hello traders, let's review the 2hour chart for GBPUSD today. Recently price was locked
inside accumulation/distribution trading range since December 2023.

🔸Trading range is defined by range highs at 2750 and range lows at 2640, premium
prices overhead at 2775/2795 and below at 2625/2605.

🔸Recommended strategy for GBPUSD bears: short sell rips/rallies near premium prices
towards overhead resistance stop loss fixed 40 pips TP1 + 75 pips TP2 +150 pips final TP exit at 2605.
swing trade setup, patience required. good luck traders!

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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

Kommentar:

xauusd h2 short from resistance tp 2000 usd

Kommentar:

gbpcad h8 xabcd advanced entry buy/hold setup

Trade geschlossen: Ziel wurde erreicht:

TP1 hit + 75 pips TP2 hit +150 pips

Kommentar:

gold mid-term outlook bears will target 1785 usd