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Cherry94

Breakout towards the trend after pullback

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Cherry94 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Chart Patterns
2
0
chartpattern
Big candle on D chart can cause some decent local trend that I'm trying to ride. Breakout of the local extremum on H4 after a pullback towards the trend that's been lasting for 3 days. SL is based on local support / under 4H candle's lows. Profit target right before the high on October 16.
Trade closed: stop reached:
Covered the position using trailing stop under one of the last H4 candle's lows.
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