GBPUSD Long Setup Target 1.3450 - SWING TRADE

This is going to be a bit long one i think.

I have multiple entries for this trade. First one is Limit buy order at 1.18240 and the other one is BUY STOP above 1.2805.

This is weekly chart so stop loss is going to be huge. BUY STOP order has 880 pips stop and BUY LIMIT order has 400 pips stop

1. ENTRY: 1.18240 BUY LIMIT
2. ENTRY: 1.2805 BUY STOP
SL: 1.14226 400 & 880 pips
1. TARGET: 1.2804
2. TARGET: 1.3450

TRAILING STOP:
I'm not planning to move my stop until the trend line breaks. I will move my stop right after each waves breakout.

RISK MANAGEMENT:
Minimum risk for this trade is around $90 with 1 micro lot (0.01 lot). So at least $5000 balance required for this trade (2% risk)

DISCLAIMER: This is not financial advice

Trade safe,
Atilla Yurtseven

Comment:

Trade is active and ~155 pips to the first target

Trade active:

1st target hit
Entry: 1.2324
Target: 1.28046
Profit: 480 pips

Comment:

Moved my stop to BE after 480 pips profit

Trade active:

Moved my stop to 1.27480

Comment:

+750 pips since 02 Sept 2019

Trade active:

+1130 pips

Trade closed: target reached:

Trade closed with profits after 3 months
Entry: 1.2324
Exit: 1.34504
Profit: 1125 pips