British Pound / U.S. Dollar
Long
Updated

55/20 Breakout Trade

432
Price broke out of 55 days high.
Stop loss at the breakout high to prevent loss from fake breakout.
Wait at least 2 days to confirm the breakout.

HOLD YOUR TRADE!!
Note
In the next 2 days, if price closes below the breakout level, exit the trade.
Note
Price closed above break after 2 days.
Move sl to the last day of break.
Note
Keep a close watch on the ADX.
Trade active
DCA at 1.27777
Trade active
Move SL to 20-Day High at 1.26566
Trade active
I am still holding this. Keep moving SL to 20-day low at 1.26801.
Trade closed: stop reached
Hit sl at 20day low.

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