GBPUSD Breakout Long H1
Updated
Market Structure: Uptrend
Area of Value: Breakout of Resistance
Entry: Bullish candle on break out
Exit if Right: Tranches can be trend following
Exit if Wrong: 1 ATR below previous resistance that is now acting as support
RRR: 1:2
Confluence: Break of EMA50 on H4
GBPUSD
Area of Value: Breakout of Resistance
Entry: Bullish candle on break out
Exit if Right: Tranches can be trend following
Exit if Wrong: 1 ATR below previous resistance that is now acting as support
RRR: 1:2
Confluence: Break of EMA50 on H4
GBPUSDTrade closed: target reached
Closed Half the position on TP1. The other half was closed on SL. This is a WIN
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