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harrygrsmith
May 23, 2021 10:03 PM

GBPUSD 23.05.2021 Long

GBP/USDOANDA

Description

Bullish Market Trade Idea

Market has been consistently forming higher highs and higher lows so I've identified this as a bullish market.

Waiting for price to come down to a "discounted" level before identifying an entry on a lower time frame.

If you'd like to use this idea remember to always practice correct risk management.

Comment

30 pips in profit now (18:22 GMT). Bring stops to BE if you haven't already.

Comment

As the week has gone on price reversed and would have hit SL unless you've moved to BE. We did get up to 80 pips in Profit so could have taken a decent return if you chose to close manually.
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