Mean Reversion
Updated
GBPUSD makes recent lower highs, since usd is start gaining strength and fails to make a new low, I’m expecting to see GBPUSD trade lower at 1.29400
#signal: entry price: 1.30550 (Sell stop)
Risk: 2% / price= 1.31600 (105pips)
Take profit 1: 1.29400 (105pips)
Take profit 2: 1.28350 (210pips)
#signal: entry price: 1.30550 (Sell stop)
Risk: 2% / price= 1.31600 (105pips)
Take profit 1: 1.29400 (105pips)
Take profit 2: 1.28350 (210pips)
Order cancelled
Our order don’t get filled... usd breaks the uptrending channel. We just wait for a close below 92.96 to look for new trades
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