I've entered a sell on GBPUSD. It's creating lower highs and bouncing off of support. You can see 2 downtrend line on my chart based on the 4 hour. Until those lines are invalidated or broke, I have a bearish bias. Once TP 1 is hit, I'll move my second position to break even!
Entry: 1.22645
SL: 1.232
TP 1: 1.2200
TP 2: 1.199
Total Risk 1%.
Entry: 1.22645
SL: 1.232
TP 1: 1.2200
TP 2: 1.199
Total Risk 1%.
Trade fechado manualmente:
Closed both entries ahead of news and Friday trading. Closed at 1.222 at 1pm EST. I saw news on GBP overnight and tomorrow is Friday. Took small profits. Will look for next week's set ups.