PAIR: GBP/USD - LONG
In this chart, you can see the GBP/USD divergence characteristics. It's respecting the divergence and we see a reversal from that point. I am going to take entry at the first higher high that is printed and mark a stop loss at the previous lower low, take profit will be according to the risk-reward ratio.
Trade signal mentioned below
Account Size: 10400
Risk Percentage: 1 + 1 = Total 2 Percentage
Amount at Risk: 104 USD
Sizing: 0.116 Lots
Amount at Risk: 100 USD
Sizing: 0.116 Lots
Total Amount at Risk: 208 USD
Total Lot Size: 0.232
Entry Point: 1.243141
Stop Loss: 1.23418
Take Profit 1: 1.25209
Take Profit 2: 1.26105
Trade signal mentioned below
Account Size: 10400
Risk Percentage: 1 + 1 = Total 2 Percentage
Amount at Risk: 104 USD
Sizing: 0.116 Lots
Amount at Risk: 100 USD
Sizing: 0.116 Lots
Total Amount at Risk: 208 USD
Total Lot Size: 0.232
Entry Point: 1.243141
Stop Loss: 1.23418
Take Profit 1: 1.25209
Take Profit 2: 1.26105
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