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Aqua_Trader

GBP/USD - 240 PIPS UPSIDE POTENTIAL

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Aqua_Trader Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Wave Analysis Chart Patterns GBP USD LONG buy setup Forex fx
26
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trendanalysis waveanalysis chartpattern gbp usd long buy setup forex fx
Hypothetical scenario:

(1) Entry @ 1.31230 (Buy Limit)
(2) Stop Loss @ 1.30800 (43 pips)
(3) Target 1 @ 1.31670 (44 pips) - Close 30% - Cut stop by 50%
(4) Target 2 @ 1.32500 (127 pips) - Close 80% - Move stop to break-even
(5) Target 3 @ 1.33550 (232 pips) - Close 100%

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*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Trade active
Comment:
first 30 % off the table - stop cut by 50%

next target 1.32500
Comment:
stop loss sitting at 1.31000 now
Trade closed: stop reached:
stopped on the rest
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