M-royce
Long

Long opportunity for GbpUsd???

FX_IDC:GBPUSD   British Pound / U.S. Dollar
The GbpUsd is in an uptrend.

The Pound surged higher against the Dollar and broke the counter-trend line two days ago, followed by a pull-back bar to retest the trend line which has now become the support.

Will the Pound continue to move higher after breaking the Doji's high that formed yesterday?


My position :

Buy Stop Order : 1.3998
SL : 1.3908
TP : 1.4133

*** This information is NOT a recommendation to buy or sell. It is to be used for educational purposes ONLY. ***
*** I will accept no responsibility for any losses you may incur. Do not invest more than you can afford to lose. ***

Trade active: Enter my Long trade when market re-open on Monday, based on the 4hr Pin that formed on last Friday, rejecting from the trendline support.

My position:

Entry : 1.3950
SL : Original Stop was at 1.3850 (but have moved my SL to entry)
TP : 1.4100
Trade closed: target reached: The GbpUsd surged higher today and hit my TP.

My trade record since Feb 2018
+2.3r
Comment: 26/2 - Eur/Cad (-1.0r)
27/2 - Gbp/Aud (breakeven)
5/3 - Nzd/Usd (+1.2r)
5/3 - Eur/Usd (+1.0r)
9/3 - Usd/Cad (-0.4r)
12/3 - Dollar Index (Pending)
15/3 - Gbp/Usd (+1.5r)
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