This was tested to fail. I'm still posting this to keep track.

British Pound / U.S. Dollar (OANDA:GBPUSD)

Updated

OANDA:GBPUSD British Pound / U.S. Dollar

AB=CD

abcdpattern

This is predicted to fail. I'm only posting to keep track.

Entry 126.977
SL 1.24905
TP 1.29952

Trade active:

The trade would have been opened by this time. Not going to trade this though.

Comment:

This is going too well. Cover most of the lost already. But then again if the trade is not closed yet it doesn't mean profit or loss. I think it would be important to move the SL to at least 1.27248

Comment:

moved my SL to 1.28110 at least a garanteed profit in case trade went opposite.

Trade closed: stop reached:

Closed with profit. Still looking for an entry.

Comment:

looks like descending wedge is formed. there is a possibility of bullish breakout.

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