entry at the D point, SL a few pips above the X and 4 TP levels to be taken according to your risk appetite. Red vertical line = high impact news to look out for.
PLEASE REMEMBER to set the SL to breakeven once the trade reaches TP1
Commentaire
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A more detailed on the areas of main focus that will likely provide resistance for bat bears.
Trade fermée manuellement
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GBP rate remaining unchanged further strengthened GBP and gave a boost to my short position.
Trade closed at 0.88120 by a trailing 50 point stop loss by a rate change correction.
Profit: 58.4 pips
Looking to enter short again if price continues going down