Hey there everyone! Last week was another solid one in the room!
Last week’s results from the P&A were:
GBPUSD hit all 3 TP levels
AUDUSD hit all 3 TP levels
EURUSD hit TP level 1
USDCHF hit TP level 1
password is: slicktrade
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Prediction & Analysis for the upcoming week is as follows:
***As always…remember to move your SL as TPs are hit and even if TP3 is hit…continue to trail stop to achieve maximum profit potential***
GBPUSD – long/buy – short/sell
This week GBPUSD is in tight consolidation. I took a look at the overall price action and chose some break levels for whether the trade direction will be a long or short.
If price breaks 1.24263, then short position with the following TP levels
TP1 – 1.239395
TP2 – 1.236335
TP3 – 1.233449
If price breaks 1.249364, then long position with the following TP levels
TP1 – 1.252774
TP2 – 1.255922
TP3 – 1.259157
AUDUSD – short/sell
TP1 – 0.74197
TP2 – 0.739279
TP3 – 0.736665
EURUSD – long/buy
TP1 – 1.063867
TP2 – 1.068503
TP3 – 1.07314
USDCHF – short/sell
TP1 – 1.010743
TP2 – 1.007564
TP3 – 1.004067
See you Monday and cheers my friends 🙂
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