GBP/USD LONG
Spring backtest at a possible accumulation zone and local level of support. Two take profits in place and a clear stop loss below the low of the spring.
The spring is the failed breakdown at a key level and the backtest is the holding of that level as support after the spring. A great recognisable pattern in TA that gives us a set up like this
The spring is the failed breakdown at a key level and the backtest is the holding of that level as support after the spring. A great recognisable pattern in TA that gives us a set up like this
Commentaire:
Got out of this trade roughly at break even. DXY looking to go to the next level it seems after the bullish engulfing candle
Commentaire:
TP SMASHED