[TW] 6-4-2012 GBPUSD Long by mynameisfez

[mynameisfez]

GBPUSD Daily

Long or Short: Long
Entry Point: 1.5260
Stop Loss: 1.5160
Profit Target/s: 1.5500
Reward-to-risk Ratio: 2.4:1
Risk percentage: 1%
Trade rationale: Potential reversal play. The sell off can already be overdone.
Trade adjustments: I won’t enter the trade if no reversal candles form.

[granty123]

this is a good trade to keep and eye on. its sitting right on a resistance level and could go either way.

heres the weekly for those interested