Fxprotrader

GBPUSD: Short Term Pending Buy Setup

Long
Fxprotrader Updated   
FX:GBPUSD   British Pound / U.S. Dollar
In the hourly chart of GBPUSD we have an active slope with price already have been rejected from the lower parallel of the median line and now testing it, being rejected once again. Most likely the level will hold and in case price retraces again to the parallel i buy the market with sl and tp as shown at the chart.
Trade active
Trade closed: target reached:
Move your sl to breakeven at second position for a risk free trade. We may see that price has pulled back to the parallel and i believe a new upmove is coming soon towards our second tp
Trade closed: target reached:
Second target reached.. For those who know how to trail sl, i believe that price has great potential reching the median line. Otherwise take your profits and other beautiful setups are coming
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