peterraftery

Long Idea in a down trend range

OANDA:GBPUSD   British Pound / U.S. Dollar
As decribed in the video , I'm pretty new to trading this type of set-up. I think with this pair range bound the is a play to go long to the mid--high point of the range
Small Update , This is working out as planned. I have taken 2/3 of my position off at this level 1.3860 ..... Currently 30 pips in the money. Where this is a downtrend I will be moving my stop loss to the entry and should it break the low trend line I will reverse my entry and go short
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