In my previous chart, i spotted how the price fails to close below the support line + trend line, thus decided to go for Long position and booked 100 pips. Note now how the price amazingly return into the level and it did not break the important level!! It then quickly rebound for 80 pips!! My trade plan ONE MORE LAST RIDE on GBPUSD!! HELL YEAH!!
Always have a backup plan if things don't work out.
Plan B : Go short if price break and close below the line
Previous trade:
Always have a backup plan if things don't work out.
Plan B : Go short if price break and close below the line
Previous trade:
Trade stängt manuellt:
The price did bounce from the level and reach 60 pips more but it can't break through the resistance, trade close manually on BE of entry price. Candle bar start falling and move a clearer direction. Plan B triggered.
