Short the Pullback
This trade setup is based -breakout and pullback
As price breaks the structure and creates a new low
Now, price is pulling back to test the pr. low
Add. 89EMA is above the breaker candle
Watch for price action, if price rejects from 1.3057
Then sell GBPUSD
Target1: 1.2895-1.2872
Target2: 1.2688-1.2661
SL: Above breaker candle 1.3100
This trade setup is based -breakout and pullback
As price breaks the structure and creates a new low
Now, price is pulling back to test the pr. low
Add. 89EMA is above the breaker candle
Watch for price action, if price rejects from 1.3057
Then sell GBPUSD
Target1: 1.2895-1.2872
Target2: 1.2688-1.2661
SL: Above breaker candle 1.3100
Comment:
Inside Bar
Comment:
Very nice momentum