GBPUSD is currently trading in a support / resistance congestion area. Based on the Wave Analysis i'm favouring the upside but need some confirmation before entering a trade. If we get below the congestion area would need to re-evaluate and possibly look for a short position.
XAUUSD False Descending Triangle Breakout?
EURUSD Intraday Wave Count, looking for prices to push higher for wave 5.
I only use take profit / limit orders to close a position if it is not possible to watch the trade play out. I quite often find when placing orders to close a position that the target will be missed and a profitable trade is lost. This is how I would move my stop to protect profits if in front of my screens. It means I will not get out at the top but I will catch...