GBP USD SCALP

24 thg 7, 2017

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

AGAINST MAJOR TREND so quite risky

24 thg 7, 2017

Ghi chú

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

24 thg 7, 2017

Ghi chú

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

24 thg 7, 2017

Ghi chú

I was stopped out before my target was reached