OANDA:GBPUSD   British Pound / U.S. Dollar
5
In the 4h chart the price is in a downtrend channel, In 1D it's a consolidation
My order is placed near the 20SMA, as well it's next to the downtred line...
This is a Trend trade, and in channels I always place my entry orders near the 20SMA or next to the downtrend line.
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