GBPUSD 23.05.2021
Updated
Bullish Market Trade Idea
Market has been consistently forming higher highs and higher lows so I've identified this as a bullish market.
Waiting for price to come down to a "discounted" level before identifying an entry on a lower time frame.
If you'd like to use this idea remember to always practice correct risk management.
Market has been consistently forming higher highs and higher lows so I've identified this as a bullish market.
Waiting for price to come down to a "discounted" level before identifying an entry on a lower time frame.
If you'd like to use this idea remember to always practice correct risk management.
Note
30 pips in profit now (18:22 GMT). Bring stops to BE if you haven't already.Note
As the week has gone on price reversed and would have hit SL unless you've moved to BE. We did get up to 80 pips in Profit so could have taken a decent return if you chose to close manually.
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