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GBPUSD | H4 | Trade Alert [Update]

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Paun British / Dolar A.S. (FPMARKETS:GBPUSD)  
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FPMARKETS:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Chart Patterns Beyond Technical Analysis GBPUSD gbpusd_forecast gbpusdshort gbpusdanalysis gbpusdsetup forrexsignals tradingsignals tradingideas DJ FXCM Index
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trendanalysis chartpattern beyondta gbpusd gbpusd_forecast gbpusdshort gbpusdanalysis gbpusdsetup forrexsignals tradingsignals tradingideas usdollar
Initial position on GBPUSD taken out by a small margin as market headed up to touch our diagonal resistance which was created by our ascending channel which can be identified on our H1 & H4 timeframes within our overall larger structure which is currently in a consolidation(invalidating LTF QML formation). I’ll be entering a new sell position at 1.27518 with stops at 1.27924 (-41 pips) at final take profit at 1.25252 (+226 pips) giving us a 1 : 5.5 risk reward ratio. Should my orders not be triggered and price start trading above 1.28xxx I’ll be removing all pending orders while waiting for the market to give clear direction as we’re currently trading within a larger consolidation.
Dagangan aktif:
Currently running at +40 pips, will be taking partial profits then hold as the market continues to play out.
Dagangan ditutup: sasaran tercapai:
GBPUSD target reached, momentum was added to our position from last weeks NFP... stay tuned for more market updates.

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mosa_moshka
GBPUSD | H1 | Trade Idea
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