WEEKLY TRADING PLAN | 10th week of year 2021
Date: 8/3/2021
Product: GBPUSD
Trade Sharing Record: 001
Action: Short
Target Entry: Between 1.3951-1.3921
Stop Loss: Any price above H1 entry candle or price above 1.4017
TP 1: 1.3643
TP 2: 1.3458
Remark: Trading analyze skill by @Data_Block , for more educations post kindly refer to the author.
Date: 8/3/2021
Product: GBPUSD
Trade Sharing Record: 001
Action: Short
Target Entry: Between 1.3951-1.3921
Stop Loss: Any price above H1 entry candle or price above 1.4017
TP 1: 1.3643
TP 2: 1.3458
Remark: Trading analyze skill by @Data_Block , for more educations post kindly refer to the author.
Comment:
Strong Support show at price 1.3810 area, will wait for a short price action to consider take the short entry. If short price action does not form and price close above 1.3951, I will consider take a long from retrace.
Trade active:
Taken a long for GU at 1.3870 @ 3pm (GMT+8)
1.3807 support area stand firm as we can see price rejected and form signal at 1.3831 area (Weekly Support) and 1.3858 area
1.3807 support area stand firm as we can see price rejected and form signal at 1.3831 area (Weekly Support) and 1.3858 area
Trade closed manually:
Long Position close at 1.3955, actual profit ratio 1: 2.7