Long GBPUSD – Trading with the Trend
Trading idea: limit buy order at 1.5345, Risk-Reward = 4.0
SL@ 1.5310 (-35), TP@ 1.5485 (+140)
1. GBPUSD is moving up on the 4h chart (main trend on this timeframe is up)
2. Solid between 1.5330 and 1.5350
3. Very volatile currency pair, so big swings around 20EMA are quite often and give a a good possibility to rejoin the major trend
4. Might close only a half position at 1.5485 and hold the second half up to 1.5580 (SL then at 1.5375)
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