SIMPLE POUND TRADE IF PRICE CLOSES ABOVE 1.2290
WHO GOT TRAPPED TRAPPED? BEARS GOT TRAPPED TRAPPED!!!
NOT GOING TO IN DEPTH BUT I TOOK THE BALLS OF STEEL ENTRY @ 1.2240
NOW WE ARE APPROACHING THE CONFIRMATION TRADE WHICH IS THE SAFE TRADE TO TAKE....
WHY IT WILL MOST LIKELY WORK WITHOUT WILD NEWS?
Because sneaky bears were too early and ran right into a trap!!
What to do now:
- wait for this current h4 bar to close above 1.2290
- then long at anytime setting your stop below the PREVIOUS candle
( I recommend you wait for a retrace of the previous candle to limit drawdown and then shoot your shot!! Don't hesitate!)
- Aim for the highs for TP1 and let your trade run to try and hit 1.2460 as in the previous plan I called
-Be Vigilant and manage your risk as price can drop due to fundamentals
Happy Hunting, Trappers!
BooBii
NOT GOING TO IN DEPTH BUT I TOOK THE BALLS OF STEEL ENTRY @ 1.2240
NOW WE ARE APPROACHING THE CONFIRMATION TRADE WHICH IS THE SAFE TRADE TO TAKE....
WHY IT WILL MOST LIKELY WORK WITHOUT WILD NEWS?
Because sneaky bears were too early and ran right into a trap!!
What to do now:
- wait for this current h4 bar to close above 1.2290
- then long at anytime setting your stop below the PREVIOUS candle
( I recommend you wait for a retrace of the previous candle to limit drawdown and then shoot your shot!! Don't hesitate!)
- Aim for the highs for TP1 and let your trade run to try and hit 1.2460 as in the previous plan I called
-Be Vigilant and manage your risk as price can drop due to fundamentals
Happy Hunting, Trappers!
BooBii
Happy Hunting... Day is not Over!!