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MANGALYAN2024
May 14, 2018 8:55 PM

Catching Trade at Pull backs after break out 

British Pound/U.S. DollarFXCM

Description

The trade is given based on the idea of catching trade entry along with trend during pull back with clear reversal signal (price rejctions at strong Resistance).

Let us see the result.

Comment

The trade is given based on the break out of Asceding TA.

GBPUSD in down trend. Catching trade entry along with trend at strong Resitance/Support after getting clear reversal signal would be a wise idea for trade entry.

The above is given based on this idea.

Let us watch the result.

Trade closed: target reached

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