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Frannel_Franco
Apr 13, 2018 5:14 PM

Buying the Pennant Breakout Long

GBP/NZDOANDA

Description

Price broke out of the 4h Trendline, and its heading back up to resistance

Risk Reward 3.3

Trade active

Stop Loss moved to 1.925 and reduced position

Trade closed: target reached

Target Hit after 9 days
Comments
PLFX89
It might decline to 1.93 before having a clear break out. I think you stop can be violated since it is too narrow. Just a thought.
Frannel_Franco
@duyphuocluong, hey, yes I realized that a bit after I posted this and I moved my stop loss to 1.925, and reduced my position
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