British Pound / U.S. Dollar

This was tested to fail. I'm still posting this to keep track.

Updated

This is predicted to fail. I'm only posting to keep track.

Entry 126.977
SL 1.24905
TP 1.29952

Trade active

The trade would have been opened by this time. Not going to trade this though.

Note

This is going too well. Cover most of the lost already. But then again if the trade is not closed yet it doesn't mean profit or loss. I think it would be important to move the SL to at least 1.27248

Note

moved my SL to 1.28110 at least a garanteed profit in case trade went opposite.

Trade closed: stop reached

Closed with profit. Still looking for an entry.

Note

looks like descending wedge is formed. there is a possibility of bullish breakout.

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