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RedPillFX

GBPUSD Long Intraday

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
RedPillFX Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Chart Patterns Trend Analysis gbpusud LONG priceaction intraday scalp pound pounddollar candlestickpattern
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chartpattern trendanalysis gbpusud long priceaction intraday scalp pound pounddollar candlestickpattern
Will be looking for a possible "price exhaustion" condition on lower time frames for a buy in the highlighted zone.
Comment:
Stop loss would be 20 pips for me, only if I observe what I call "price exhaustion" on 15min and 5 min chart.
Comment:
Running 30-35 pips in profit. Stop loss should be at break-even now. Price might come back during London session for a re-entry, but I see a higher probability of it keeping going in the direction.
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