GBPUSD Trade

[Pip Hunter]

Hey guys,

I am looking for GBPUSD long trades.

As you can see in the daily GBPUSD chart below (red line) we have solid support level. I am looking for price to push through this and make a false break.

I will then be on the 4 hr and 1 hr time frame charts looking for bullish price action to get long into the resistance level shown on the chart.

[Jimmy Fang]

Could we mark that same support and then move to smaller time frame charts such as the 15 minute chart to look for a long trade for better risk reward?

[Pip Hunter]

Hey Jimmy,

yes, I also do the same thing – I find quality areas to find high-probability trades, then move down to the smaller timeframes to perfect my entry and stop loss.

[Pip Hunter]

Hope you guys were watching this one… false break past the support level as instructed in previous posts and the false break we were trading for happened in a big way on 4 hr and smaller time frames. Quality high profit trade.

Any questions let me know.

[Pip Hunter]

Hope you guys still riding this one and cashing in on what has been a huge trade.

Below is 1 hour chart showing false break we looked for, got and then rode higher.

[Author]

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