GA Potential 120 pip drop | 35 pip SL
Updated
Wait until GA approaches the major large quarter point (1.8000) and show signs of rejection.... Look for a double top on the 15 min with an evening star on the second leg of the M. Added confluence would be a failed low (where the second leg of the M does not reach as high as the first leg). Higher probability trade if there is divergence reflected on the oscillator below. 35 pip SL... TP 1 - 50 pips, TP 2 - 75 pips, TP 3 - 120 pips ( expecting price to to go for liquidity below the double bottom on the 1 hour TF).
Comment
SL at Break Even... Risk free trade. (I closed one position after 40 pips. Leaving second position open till 1.78594)Comment
75 pips in... Place SL 25 pips in profit... Consider taking partials if you haven't already. Lets see if they give us the remaining 45 pips.Comment
Trailing SL hit 75 pips in profit
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