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NF414
Feb 3, 2014 10:52 AM

Looking for some upside in GBPUSD Long

British Pound/U.S. DollarFXCM

Description

GBPUSD could see some good upside over the next hours, building a head-and-shoulders pattern. Long entry on 1.6325. Risk/Reward 3.05:1.
Comments
NF414
Price action a little sluggish. Stop @ 1.6247
NF414
Moved stop to breakeven @ 1.6293.
NF414
Not happy on how this trade develops. CLOSED on 1.6323. Small overall loss (-11 Pips)
NF414
Stopped-out on first attempt. Second entry on 1.6293. Prediction still valid.
NF414
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