British Pound / U.S. DollarUpdated GBPUSD, Breakout Retest Strategy, JUNE 18 1HR
when the breakout occurs wait for a pullback or the retest and a confirming candle to enter.
2% risk management rule
SL 15 to 25 pips from entry
2% risk management rule
SL 15 to 25 pips from entry
Note
It did the breakout and retested back to the highlighted zone but the market is now consolidating , but if you entered on the confirming candle you should have been able to secure some amount of profits. Hope u guys only risked 1 or 2 % of your account on this. The markets have been like this from week so just secure some profits and close out
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