STOP! Read before you consider to engage

May 23, 2023

HALT! Don't follow this trading idea blindly.

You should know that I've a strong bias to long the GBPUSD on the higher timeframe, the daily and weekly chart.

I'd engaged in a strategy that I've personally tested for the past 12 years.

The ABCD pattern showing up on the 8 range bar provide such an opportunity for me to engage the trade.

What is really needed is for the first target to be hit and that would give me the right to shift stops to entry and enjoy the ride.

The first 34pips(340usd/lot) of profits is what I need to let that happen and I'll keep my second target open.

If you do not plan your trade in advance, don't jump in.

If you had not traded ABCD pattern in your life, don't jump in.

If you do not have the unwavering bias to long GBPUSD, don't jump in.