British Pound / U.S. Dollar
Long
Updated

Aiming to enter the trade with a minimum loss (Part 2)

Here, as in many USD pairs, we can see a clear upside trend. So, we aiming to enter the market at the 61.8 Fib price pullback. As usual, we consider:
1. Good risk-reward ratio almost 2
2. Risk no more than 2% of an account
Trade closed: stop reached

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