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GBPUSD boiling up for buying

by Saqib I, May 3, 2021

GBP/USD H4 vsa

by Saqib Iqbal May 3, 2021

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GBP/USD

|

Long

|

H4

Timeframe:

H4

Analysis Method:

vsa

Analysis:

The price found strong support at 1.3800 and potentially may rise to 1.3900 handle. The volume on Friday had already indicate the upside. We can long at any downside retracement.

Trade Plan:

enter on retracement

Risk Management:

1%

Things To Watch For:

retracement

LEAVE YOUR COMMENT HERE:

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    1. Hi Saul,

      I use HLC bars because what matters to me is the spread of bar and its close. Open price is irrelevant for me. That’s why I use HLC bars to avoid the noise.

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