this trade can go 50 50 to be honest , but sl is small so im taking the risk
have some support and resistance areas
then looking at the fib , i bought just above tghe 78.6 level going long at it , all technical analysis
but also i see a double top chart pattern which could be a start of a down trend , but in order for that to happen gbp usd needs to break the neck line of the double top and retest then ill start looking for shorts
but for now long all the way
just need that perfect entry
have some support and resistance areas
then looking at the fib , i bought just above tghe 78.6 level going long at it , all technical analysis
but also i see a double top chart pattern which could be a start of a down trend , but in order for that to happen gbp usd needs to break the neck line of the double top and retest then ill start looking for shorts
but for now long all the way
just need that perfect entry
Trade closed manually:
after 20 pips up i put SL at entry