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FX.co ★ TST as the Foundation for Medium-term Trading

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Trader Journals:::2025-05-21T03:09:16

TST as the Foundation for Medium-term Trading

TST as the Foundation for Medium-term Trading

Good day, the pair GBPUSD. First of all, I want to draw your attention to the trend channel in which the pound has spent quite a lot of time. On Friday, the price managed to break out of this channel, and today we tested the breakout level, so I started buying. For today, my target is the daily balance at 1.3448, and from there we might see a pullback to the trend line, which has gained momentum, indicating a bullish trend. At that point, I will buy again, this time aiming for the first sell level at 1.3651 on a monthly basis. I have a whole 10 days to achieve this goal)
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