Buy Limit GU
Updated
- We had weak momentum to the downside creating descending channels breaking the lows and retracing showing price does not want to continue to the downside
- At the bottom we got another channel with a smaller descending channel showing more weakness
- we get a strong push that breaks through the channel with little to no wicks
Entry: 1.38240
Stop: 1.37990
25 pips
- At the bottom we got another channel with a smaller descending channel showing more weakness
- we get a strong push that breaks through the channel with little to no wicks
Entry: 1.38240
Stop: 1.37990
25 pips
Note
I don't have an overall TP i will just manage my trade and move my stop loss in profit if price continues to trend and break the highsTrade closed: stop reached
i was stopped out in profit for +1.54% or 38 pips
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