Hai Friends,
I am back with my new trade on GBPUSD. This time I am going long on GBPUSD.
See the 4 Hour Chart
Some Bullish candles are formed at the rising trend line on the 4 Hour chart. Also Stochastic is just leaving the oversold territory.
I am buying the pair @ 1.6107. SL is placed @ 1.6047 and TP @ 1.6227.
I am risking 2% for this trade.
The trade gives me an RR ratio of 1 : 2.
If Stop Loss hit, then I will consider for a break out trade.
Also I will move SL to BE, when the trade is up by 60 pips.
Hai friends, Please wish me Luck.
Also, how are you feeling about this trade ?
