SIMPLE POUND TRADE IF PRICE CLOSES ABOVE 1.2290
Updated
WHO GOT TRAPPED TRAPPED? BEARS GOT TRAPPED TRAPPED!!!
NOT GOING TO IN DEPTH BUT I TOOK THE BALLS OF STEEL ENTRY @ 1.2240
NOW WE ARE APPROACHING THE CONFIRMATION TRADE WHICH IS THE SAFE TRADE TO TAKE....
WHY IT WILL MOST LIKELY WORK WITHOUT WILD NEWS?
Because sneaky bears were too early and ran right into a trap!!
What to do now:
- wait for this current h4 bar to close above 1.2290
- then long at anytime setting your stop below the PREVIOUS candle
( I recommend you wait for a retrace of the previous candle to limit drawdown and then shoot your shot!! Don't hesitate!)
- Aim for the highs for TP1 and let your trade run to try and hit 1.2460 as in the previous plan I called
-Be Vigilant and manage your risk as price can drop due to fundamentals
Happy Hunting, Trappers!
BooBii
NOT GOING TO IN DEPTH BUT I TOOK THE BALLS OF STEEL ENTRY @ 1.2240
NOW WE ARE APPROACHING THE CONFIRMATION TRADE WHICH IS THE SAFE TRADE TO TAKE....
WHY IT WILL MOST LIKELY WORK WITHOUT WILD NEWS?
Because sneaky bears were too early and ran right into a trap!!
What to do now:
- wait for this current h4 bar to close above 1.2290
- then long at anytime setting your stop below the PREVIOUS candle
( I recommend you wait for a retrace of the previous candle to limit drawdown and then shoot your shot!! Don't hesitate!)
- Aim for the highs for TP1 and let your trade run to try and hit 1.2460 as in the previous plan I called
-Be Vigilant and manage your risk as price can drop due to fundamentals
Happy Hunting, Trappers!
BooBii
Note
if you have been following both posts... thats two pound longs hitting TP1!! Happy Hunting... Day is not Over!!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.