Dear traders,
let's wait and see how GBPUSD will behave at 100SMA resistance and round number 1.52
Then please, consider to apply this algorithm:
Cheers
R
let's wait and see how GBPUSD will behave at 100SMA resistance and round number 1.52
Then please, consider to apply this algorithm:
- On a DAILY CLOSE above 1.52 let's enter LONG targeting 1.56 which will also be so near the 200SMA.
- On a resistive candle that close below 1.50 let's enter SHORT targeting 1.48 and then 1.46. I mean, close half position at 1.48, move stop loss to break even and be ready for 1.46.
Cheers
R