Gbp/Usd has hit a trend line resistance point.
I believe that price will get rejected at this trend line.
I have opened 3 sell trades with 3 take profits.
You can see them on the chart!
My stop loss on these trades are 100 pips each just because I fear some kind of manipulation at this level.
I am always trading very small on these trades because when I trade big I always lose , but when I trade small I give the trade plenty of room to breathe.
I will be holding this trade until all 3 take profits hit...
If you are going to sell this trade, waiting for confirmation of the sell would be a better idea than just pushing the sell button.
I believe that price will get rejected at this trend line.
I have opened 3 sell trades with 3 take profits.
You can see them on the chart!
My stop loss on these trades are 100 pips each just because I fear some kind of manipulation at this level.
I am always trading very small on these trades because when I trade big I always lose , but when I trade small I give the trade plenty of room to breathe.
I will be holding this trade until all 3 take profits hit...
If you are going to sell this trade, waiting for confirmation of the sell would be a better idea than just pushing the sell button.
Comment:
tp1 and tp2 has hit now...
We are waiting on tp3
We are waiting on tp3
My Tp2 is 1.24000
My Tp3 is 1.23000