SixteenLondon

SixteenLondon

Note from Live Trade- Active Position Date: 03/26/2020 Pair: GBPUSD Entry Price:1.22238 Exit Price Risk Management | Risk Percentage: 4% | APS: 87 | TP Target: 276 | Number of Positions: 1 ALERTS FOR BREAK EVEN ACTIVE: Set Notes: -Price formed a symmetrical triangle to continue its uptrend. - Entered with a medium lot size to manage drawdown and will...

SixteenLondon

Lately, GBPUSD has been in an uptrend. Currently, price is forming a Symmetrical Triangle Pattern approaching a trend line support. Price could see some pullback and reverse continuing its uptrend.

SixteenLondon

Entry Price: 0.61625 Risk Management | Risk Percentage: 10% | APS: 100 | TP Target: 178 | Number of Positions: 1 ALERTS FOR BREAK EVEN ACTIVE: Set Notes: Divergence Set up - Price is in a downtrend at a major support level Price should reverse as the OBV has a divergence to the upside