A SELL TRADE 200+ PIPS ON GBPUSD

2021年6月26日

STRATEGY AND RISK MANAGEMENT With application of trend line as seen above, i made sure to caption the trend on a daily view , then switch to 4H and added more trend line and support close to current price for evaluation on when to take off, Sell decision was taken after observing the market of GBPUSD ranges and approaching support where i mark as TP1 and TP2..
[TO ENTER TRADE/b]

Wait for the buyers on Monday to push upwards to RESISTANCE noticed by the dotted green horizontal line

* Switch to M15 or M30 when at resistance area, wait for a trend reversal signal, probably an M-Formation forming on M5

* Don't sell at start of a new candle, sell after any M15 or M30 exhaust half it's time