nice setup,the emerging partern might go,but take a look at the daily time frame ,a complete partern just started moving,i respect the daily setup more than the hour.but let see how it goes
gsl1986
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@SuccessUmar, yes u are right but look at daily time frame, moving average is working as a resistance to this pair, that's why I share this idea, this is very low risk reward deal, coz sl is just above A, means max. 30 pips, I thing for 150 pip profit we can take this much of risk. What say?
SuccessUmar
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yes the risk reward is good,but my trading plan says daily time frame first b4 any other time frame,let just see how it play out ,nobody knows wat the market will do next.check my profile to see that gbpjpy am talking about
gsl1986
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@SuccessUmar, ya I have seen,
Let's hope for the best,
Ur idea is good I must say..
nice trade but almost took u out,weldone,i was not involve in that trade,bcos of the strong trend line resistance.pounds is preparing for article 50 tomorrow.
watch ur chart carefully,an emerging partern forming in 4H.congrat bro,money in the bank