Trading the breakout on GBPUSD
Updated
Both scenarios are plausible cases. If the USDOLLAR (US Dollar Index) breaks out above the resistance line it has been holding for some time, the trade will go all the way down. If the GBP show some strength and the dollar gets it's temporary weakness the upside is has a higher probability of happening...
Tight stops, 0.7% equity risk.
Tight stops, 0.7% equity risk.
Trade closed: target reached
It didn't get enough strength, closing before final target.
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