GBPUSD long open range breakout signal and double weekly bottom
GBPUSD long open range breakout signal and double weekly bottom.
Ideal target f100% 1.6050 area -the daily range above the open f0%
ultimate target f200% 1.6150 area - twice the daily range to get there.
Extended target for Swing weekly trade 1.62505 - based on monthly high red horizontal
If we reverse short here and break below the current week and monthly low - 1.58522 area -f100%
The range grid at the bottom is showing the market is stil yet to make 50% of the session expected range. some 50pips. out of a normal range of 102. shown by the black horizontal line
These indicators are available in Charts > Indicators > Market Place Add-ons > MicroTrends
more details of the indicators can be found here: www.indicatorfactory...dingview-indicators/
Ideal target f100% 1.6050 area -the daily range above the open f0%
ultimate target f200% 1.6150 area - twice the daily range to get there.
Extended target for Swing weekly trade 1.62505 - based on monthly high red horizontal
If we reverse short here and break below the current week and monthly low - 1.58522 area -f100%
The range grid at the bottom is showing the market is stil yet to make 50% of the session expected range. some 50pips. out of a normal range of 102. shown by the black horizontal line
These indicators are available in Charts > Indicators > Market Place Add-ons > MicroTrends
more details of the indicators can be found here: www.indicatorfactory...dingview-indicators/
