I am long on GBPUSD with my analysis.
Trade active:
Trailing stop loss at 1.30300
Trade active:
Trailing stop loss at 1.30500
Comment:
Trailing stop loss at 1.30700
Comment:
let's see if price can breach 1.31000 level. If it get breached and behave according to our SECRET you can take new entry.
Trade active:
1.31 breached and let's see if it show our SECRET characteristic of price action.
Comment:
Aggressive trader can take entry with stop loss of 1.30900... Target will be the same 1.33000
Trade closed: stop reached:
Trailing stop loss hit. Closing with Good Profit.
Comment:
We'll now analyse H4 candlesticks and take entry according to H1 or 15 minute candlestick.
Comment:
In this trade we had risk-reward ratio of 1:7
