Renforex

Long GBPUSD - Step 3

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Renforex Atualizado   
FX:GBPUSD   Libra Esterlina/Dólar Americano
Please see related idea below. In step 1 we took some pips within the structure while we waited for it to break.

In step 2, we took more pips as price broke out of the structure (as described in related idea). I was too busy to post the chart here though.

Now in part 3, we see the price has came back down to test the structure that it has broken out of today. This gives us an opportunity to repeat step 2, should we see a green confirmation candle.

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Comentário:
Of course, without a confirmation candle you should not enter your trade.

If price breaks under this level, the trade becomes invalid. :)

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