GBP LONG IDEA - CONTINUATION - BUY BACK AT BEST PRICE 1.19

Updated
LOOKING TO BUY GBP/USD FROM 1.19 BANKING LEVEL

BUY LIMIT 1 : 1.19000
STOP LOSS: 1.18800 (20PIPS)
TAKE PROFIT: 1.22600 (330 PIPS)
RISK TO REWARD 1:15


BUY LIMIT 2: 1.18700
STOP LOSS: 1.18500 (15PIPS)
TAKE PROFIT : 1.22600 (360 PIPS)
RISK TO REWARD 1:23

WAIT FOR BULLISH REVERSAL CANDLE IN AREA OF 1.18700-1.19000

IF LIMIT ORDER IS TRIGGERED MOVE STOP LOSS TO BREAK EVEN ONCE GU IS UP 50 PIPS (1.19500)


DO NOT ENTER THIS TRADE IF PRICE BREAKS BELOW 1.18700 THIS WOULD BE INVALID



Comment
PRICE TOOK OFF INVALID SETUP
Trend Analysis

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