potential 25 pips to 35 pips trade GPB
Updated
markets looks stable for today, so we probbely will see price just trading in a range for the comming hours. that is why i would consider this setup to be a pottential 25-35 pips trade us a buy,
first we have a support around 151.52 levels voor gbp/gpy and and we will need to test incase we break from the current trendline back the trendline from beneed this time us resistance. so this trade setup would be a pottential buy at 151.55 and take it towards 151.80 levels to play it safe. i would recommand to not risk more then 1% per trade and your profits shoul not be more then 2% per trade so that your risk exposure per trade is us low us possible and just try to be consistent when you can achieve a 70% win ratio then your on the right track to be a consistant profitable trader for the long run.https://s3.amazonaws.com/tradingview/snapshots/p/P34tozdG.png
first we have a support around 151.52 levels voor gbp/gpy and and we will need to test incase we break from the current trendline back the trendline from beneed this time us resistance. so this trade setup would be a pottential buy at 151.55 and take it towards 151.80 levels to play it safe. i would recommand to not risk more then 1% per trade and your profits shoul not be more then 2% per trade so that your risk exposure per trade is us low us possible and just try to be consistent when you can achieve a 70% win ratio then your on the right track to be a consistant profitable trader for the long run.https://s3.amazonaws.com/tradingview/snapshots/p/P34tozdG.png
Trade closed: target reached
Successful target reach with almost no drawdown total pips from our entry at 151.55 is currently over 50 pips in profit close trade imidiatly and tomorrow we look for a next trade
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