How do I prefer to trade GBPUSD in a middle term.
1. Price is inside of ascending channel, so my position will be long.
2. I don't exclude that price could retest previous high making Double Top pattern.
3. However, I prefer to wait and see if top of a channel will be touched.
4. I prefer to enter from current however the SMA200 on 4h still being untouched so price could falls more.
5. Risk management is always mandatory. Each forecast could be totally wrong. Base only on your own ideas.
2. I don't exclude that price could retest previous high making Double Top pattern.
3. However, I prefer to wait and see if top of a channel will be touched.
4. I prefer to enter from current however the SMA200 on 4h still being untouched so price could falls more.
5. Risk management is always mandatory. Each forecast could be totally wrong. Base only on your own ideas.
Transaction en cours
Transaction en cours:
Very good!
Trade fermée manuellement:
Poor dynamics. I have closed a trade.
Transaction en cours
Commentaire:
Ordre annulé
Transaction en cours:
Ordre annulé:
The dangerous asset. A rigorous risk management is mandatory.
