Big Three Strategy- GBPUSD Bullish Move
Updated
Step 1- Apply Indicators to Chart:
Step 2- Identify the Trend. Price Action needs to break the three Moving Averages
Step 3- Wait for entire candle to close outside of Moving averages + Pull Back in Price Action + Continuation of Trend
We saw the pull back already occur so this looks like a good place to enter a Buy Trade.
- *20 Period SMA
*40 Period SMA
*80 Period SMA
Step 2- Identify the Trend. Price Action needs to break the three Moving Averages
Step 3- Wait for entire candle to close outside of Moving averages + Pull Back in Price Action + Continuation of Trend
We saw the pull back already occur so this looks like a good place to enter a Buy Trade.
Trade active
Trade closed: stop reached
Stopped out. We will regroup and try again!
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