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GBPUSD 4H TRADES

British Pound / U.S. Dollar (FX:GBPUSD)  
Tradingstrategyguides  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators 50sma breakouttrading sellstop takeprofit tradingstrategyguides GBPUSD 4h forextrading
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trendanalysis chartpattern indicator 50sma breakouttrading sellstop takeprofit tradingstrategyguides gbpusd 4h forextrading
Price is above 50 sma

Long Trade
Buy when a candle closes above green resistance line
and Macd is is above zero line
Long TP @ 1.3170

Short Trade
Price falls below 50 sma
Sell Stop @ 1.3125
Short Take Profit 2 1.3055
Price should fall quickly
If price stalls take profit at 30 to 50 pips
Close trade if Macd goes above zero line

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