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
GBPUSD
Trade stängt: målet nått:
Closed Half the position on TP1. The other half was closed on SL. This is a WIN