Last week GBP broke 1D bullish trend and now we think is waithing second confirmation and forming stronger resistance lvl at around 1.2915 before bearish continuation. We are looking to open Sell position on this lvl.
If you like this idea please like it and comment.
Our trade is active now, let's see :)
Trade running 35 pips now, we will move our stop loss to entry point and let it play out.
Already 1:1 P/L reached so it would be smart to take some partial profits if you want.
We closed half of our trade with 60 pips profit, stop loss is at entry point now and we wait.
Trade closed: stop reached:
Our stop at entry level reached but we have booked nice profits from this trade earlier.
We will continue looking for next entry on this pair and post it here on tradingView and on our telegram channel: MyProfitDesk