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E7i
24 jul 2017 12:08

GBP USD SCALP Kort

GBP/USDOANDA

Beskrivning

Currently at supply area
Volume suggests heavy supply coming in
Market should go down to Demand area

AGAINST MAJOR TREND so quite risky

Kommentera

Come to think of it, I think the 4 Hour upwards fibonacci will be retested around 1.2968

If this idea is valid, i will put my stoploss to break even once the demand area is reached and let the trade run
If prices reached above 1.3047, i will cut the loss short

Kommentera

Bullish pennant just formed which is bad for our trade
But since i dont trade chart patterns, i will leave the trade be

Kommentera

I was stopped out before my target was reached
Mer