G_Belchev

GU great high probability setup

Largo
G_Belchev Actualizado   
FX:GBPUSD   Libra esterlina/Dólar estadounidense

Confirmations:
LTF matching HTF
Wyckoff accumulation
Triple bullish BOS
Secured lows with manipulation ( Elliot )
Fractal Second/1Min TF accumulations

TP 1 (partial): 1.22760
TP 2: 1.23430
SL: 1.22335

Comentarios:
RR: 1:9.84
Comentarios:
SL moved to 1.22360
Comentarios:
If it breaks 1.22630 it will raise the probabilities a lot and should reach our TP 1 partial, i will close 50% of the position there.
Comentarios:
Volume and movement finally seems to grow which is good indication for this strategy, we should see some bigger moves in the next hour.
Comentarios:
Price just tapped 1.22630 which is not enought, we neeed full candle close above it.
Comentarios:
Price seems like building more liquidity but if it gets now back to our entry we need to be careful because in this situation if it doesnt form new accumulation/consolidation near the entry or above the trade may not hold.
Comentarios:
Finnaly we got break above 1.22630. Now i expect atleast TP 1 to be met. Before the news i will look for ways and confirmations to make this trade risk free.
Comentarios:
TP 1 partial hit and secured 4.30%. Now im waiting for some lows above the entry to get manipulated and after that form new high so that i can move SL to BE and make it risk free.
Comentarios:
Moving SL on entry so from now the trade is risk free. Im not gonna trail stop because i dont use this method.
Operación cerrada: precio stop alcanzado:
SL got hit at BE and the trade is technically a loser but still made 4.30% from it with good management.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.