Trade of the week: Payper

Date mark up: October 9, 2023
GBPUSD
Entry: 1.21892
TP: 1.22642
SL: 1.21594

- Payper Trade
Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY.
Execute: Clear break and retest from top or bottom of box.

Standard Rules:
*Position Type: Limit orders and Market Execution orders ONLY
* Only risk 5% of your account

* SET AN ALRAM ON the top and bottom of the box

TP 1: 100pips
TP 2: 200pips
TP 3: 300pips