GBP/USD channel + trend
Updated
So this pair had been on an uptrend channel base on a daily candlestick. There is a clear higher high and higher low on this chart. When there was a pull back from the second high toward a lower trend line I had waited for this trade setup. The price came down to test the trend line and confirmed a continued uptrend channel with two bullish candlesticks. So this trade I go long with a profit target at 1.3200 (at the last high) and stop loss if the trend breaks down at 1.2760
Note
TP target hitTrade closed: target reached
TP hit
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