GBPUSD has reached the absolute level of the channel making it another possible SELL scenario. I tend to mainly catch the 1st target and trail my stop loss according to price action or I move my SL to breakeven to make it risk free trade.
GBPUSD has reached a nice price close to the upper level of the channel making it a possible SELL scenario as shown on the chart. I am looking to SELL only after a nice rejection candle on the 15M chart. Please this is not a trading advice, this is only for educational purposes. TRADE AT YOUR OWN
Looking for a SELL setup on GBPJPY as shown on the chart. Trade execution depends only on a strong rejection candle on the 15M to confirm entry. Please trade at your own risk. This is only for educational purposes.