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masterkeytrading

Live GBPUSD 5/29/19 2:55 pm

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
masterkeytrading Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Candlestick Analysis Multiple Time Frame Analysis backtest
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supportandresistance candlestick mtfa backtest
  • Daily candle showing bearish engulfing
  • H4 structure downtrending and formed a LH @ daily level
  • H1 structure downtrending with valid breaks
  • M15 valid BOS
    Confluence daily level, Daily MA,
    Risk: Low risk due to H4 trending, and Daily candles
    Waiting on a great entry price
Trade active:
Entered based on m5 BOS to downside
Comment:
If H4 doesn't close bearish @ 5pm, I am out regardless of drawdown
Trade active:
Still active due to low risk
Comment:
Comment:
The real entry was earlier 5/28/19 9:00 pm
Daily bearish candle already closed
H4 structure formed a LH @ Daily key level
H1 valid BOS with m15 confirmation,
Confluence Daily MA, Daily level
Risk: 15 pips
This entry was about 30 pips above what I actually entered
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