GBP/USD counter trend buy trade

Long

Livre sterling / Dollar américain (OANDA:GBPUSD)

Mis à jour

OANDA:GBPUSD Livre sterling / Dollar américain

trendanalysis chartpattern gbpusd gbpusdlong usd dollar_index

GBP/USD fell into what I call a double zone. First falling into the weekly demand zone and within that a smaller time frame (8 hour chart) demand zone. My entry was at 1.3105 with a stop market order in at 1.2699. I've decided to risk 2% of my account size on this trade and looking to take off 2/3 once it hits 3:1. Dollar has been very strong recently so I may be a bit more aggressive with taking profits. If you like my info guys please give me a thumbs up or follow me. Would love to hear more of your thoughts on my analysis as well. Thanks for viewing guys and gals :)

Transaction en cours:

Entered at 1.2745 August 10th 2018.

Trade fermée: ordre d’arrêt atteint:

Stopped out early. This zone still
Looked good.

Commentaire:

I know a bit late to update but decided to reenter this trade a couple days ago with an entry at 1.2626 and my stop at 1.2650. Currently up 166% on my initial investment.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.