GBPUSD Buy Idea
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Hello Traders!
Im looking at Pound for a potencial Breakout of a Trend Continuation Pattern. Buy from bottom is not a bad idea. You could either let price come down to you or find an entry once it breaks out. Sl can be below trendline of the small T.C.P. You may find an entry on the 1-5min chart for the skilled trader.
Im looking at Pound for a potencial Breakout of a Trend Continuation Pattern. Buy from bottom is not a bad idea. You could either let price come down to you or find an entry once it breaks out. Sl can be below trendline of the small T.C.P. You may find an entry on the 1-5min chart for the skilled trader.
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And it takes off!..Nota
Since my trade didnt hit the limit order previously I made an entry to catch the momentum on a 1min chart breakoutNota
Quick 20 pips. scalping the 1min. from now, break even trade and push for the 100+ pip targetNota
This chart hit TP, but I am holding for a different target. Maybe one of my best R/R on a short term trade because of the prescition on the 1min
I may add a smaller position at the close of this hours candle. depending on how I see price action
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Update on Price RangeNota
Final look at how everything played out
David K Giraldo
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