GBPUSD
Setup: Price is in very strong uptrend, but I can see a HNS forming maybe price is running out of steam and going to retrace to "refill" some gas. Haha.
Overall trend is still strong bullish. This is a counter trend setup.
Confluence:
BRN
Price Action Structure
Supply zone
Structure Breakout
Entry Confirmation:
Wait for CRS then sell
Entry:
Sell limit@ 1.2960, SL @ 1.3030 (70 pips), TP @ 1.2700 (260 pips)
I use sell limit because I don't have entry confirmation yet, if strong bullish move triggers my entry, then I might cut loss.
Let me know what you think.
Setup: Price is in very strong uptrend, but I can see a HNS forming maybe price is running out of steam and going to retrace to "refill" some gas. Haha.
Overall trend is still strong bullish. This is a counter trend setup.
Confluence:
BRN
Price Action Structure
Supply zone
Structure Breakout
Entry Confirmation:
Wait for CRS then sell
Entry:
Sell limit@ 1.2960, SL @ 1.3030 (70 pips), TP @ 1.2700 (260 pips)
I use sell limit because I don't have entry confirmation yet, if strong bullish move triggers my entry, then I might cut loss.
Let me know what you think.
액티브 트레이드:
Entry filled @ 1.2930
Let see how it goes
Let see how it goes