The latest retreat from 13385, followed by a reversal of 13330, does not speak loudly about the GBPUSD's weakness because this couple still trade well above the upward supportive line of two months.
If the pair were able to clear the two resistances mentioned, 1,3530, with 1,3450 as intermediate stop in the rally, might well appear on the bull's ratar. Otherwise 1.3180 and 1.3100 can offer the pair immediate support before it reaches 1,3040. The extended downturn in pairs after 1.3040, however, may not hesitate to visit 1.2950
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1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil
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follow our updates for more profitable trades.
Forextamil
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If you find it useful, hit the like and comment.
follow our updates for more profitable trades.
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