I am also seeing a flag building up in H4 GBPUSD
very nice bearish move on Friday with 3 nice bearish candles
I like this Chart (GBPUSD) much much better than EURUSD I see more Opportunity with lower risk higher rewards here. So,
TWO PENDING Order @ Open
1) Short STOP Order below Friday Low
SL above 1.2300
TP 1.2150 (Fib 1.618) to 1.2100+/-
My 2nd trade is
2) BUY STOP Order above 1.2300
SL Below 1.2260
TP 1.24 -1.2430 +/-
If MY Buy set up triggered I will look for short entry around the upper band (1.2400 +/-)
Now After writing down my trading Plan for GBPUSD when I see it on Black and White
I really like it much better Than EURUSD Set up.
Good Luck
very nice bearish move on Friday with 3 nice bearish candles
I like this Chart (GBPUSD) much much better than EURUSD I see more Opportunity with lower risk higher rewards here. So,
TWO PENDING Order @ Open
1) Short STOP Order below Friday Low
SL above 1.2300
TP 1.2150 (Fib 1.618) to 1.2100+/-
My 2nd trade is
2) BUY STOP Order above 1.2300
SL Below 1.2260
TP 1.24 -1.2430 +/-
If MY Buy set up triggered I will look for short entry around the upper band (1.2400 +/-)
Now After writing down my trading Plan for GBPUSD when I see it on Black and White
I really like it much better Than EURUSD Set up.
Good Luck
تعليق:
Continuing Short on GBPUSD on pull back
I will look for more low risk high probability trades.