GBPUSD - Crazy 100 PIP TRADE - Short
A bat pattern has been formed and all indicators point out to a big short. The Bollinger Bands are very tight as well. MACD about to cross on the 2-3 and 4 hour Timeframe.
Master of timeframes.
Entry price:
Any market price up to 1.43000
#TP1: 1.41250
#TP2: 1.39600
#TP3: 1.37900
Stoploss: 1.45000
I'm taking profits at TP1. I'm probably going to dollar cost average this trade from TP1 to TP2 if the charts form my idea. The take profits are just calculations.
You never go broke from taking profits, you do get broke from chasing long pips.
If you have any questions, please feel free to contact me. Follow me on Tradingview for more daily ideas.
Master of timeframes.
Entry price:
Any market price up to 1.43000
#TP1: 1.41250
#TP2: 1.39600
#TP3: 1.37900
Stoploss: 1.45000
I'm taking profits at TP1. I'm probably going to dollar cost average this trade from TP1 to TP2 if the charts form my idea. The take profits are just calculations.
You never go broke from taking profits, you do get broke from chasing long pips.
If you have any questions, please feel free to contact me. Follow me on Tradingview for more daily ideas.
Trade closed manually:
Happy with 70 pips. Closed the trade. Don’t want it to retrace and then go down.
Trade closed: target reached