GBPUSD is forming a triangle on the 4h time frame, the price is testing the resistance (previous support).
On the lower time frame the price broke the ascending support + bullish penante seems to be "invalid" has the price broke the horizontal support (which is good because the price would be far away from our SL at the time of the important coming news in some hours) + the price broke the 100 MA on the 15min
My personal risk for this trade is 1.7%
If you have any suggestion please let me know
On the lower time frame the price broke the ascending support + bullish penante seems to be "invalid" has the price broke the horizontal support (which is good because the price would be far away from our SL at the time of the important coming news in some hours) + the price broke the 100 MA on the 15min
My personal risk for this trade is 1.7%
If you have any suggestion please let me know
Trade closed: stop reached:
Cumulative profit -0.45%