GBPUSD 1.40 + 0.21 % LONG IDEA * PRICE ACTION AND CONTINUATION
Updated
Hello everyone
Hope everyone is good and had a great weekend, Here's a look at a trade that was broken down this past week see attached idea's its another look at the POUND / DOLLAR still watching price and looking for continuation with the bulls in an uptrend the pair is currently consolidating in a bull flag as we approach the nearest resistance level 1.40838 its clear as day that momentum to the upside is slacking a bit the bulls are loosing control but we still here.
* A break below doesn't necessarily change the plan watch price.
* Perfect opportunity for intra-day trades to trade roof & floors of the bull flag
* follow your entry rules
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Hope everyone is good and had a great weekend, Here's a look at a trade that was broken down this past week see attached idea's its another look at the POUND / DOLLAR still watching price and looking for continuation with the bulls in an uptrend the pair is currently consolidating in a bull flag as we approach the nearest resistance level 1.40838 its clear as day that momentum to the upside is slacking a bit the bulls are loosing control but we still here.
* A break below doesn't necessarily change the plan watch price.
* Perfect opportunity for intra-day trades to trade roof & floors of the bull flag
* follow your entry rules
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Trade closed: target reached
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