2019.12.06 London Daybreak Idea GBPUSD

This is only an idea for educational purposes.
Because the 8-9 hour candle was almost 35 pips and the planned StopLoss would be 46 pips, I personally think the risk/reward ratio is too small.
I am not going to take this trade myself, but I will still publish it to follow up.

2019.12.06 London Daybreak Idea GBPUSD

GBPUSD Buy Stop entry 1.31650
SL: 1.31191
TP1: 1.31850 (20 pips)
TP2: 1.31997

GBPUSD Sell Stop entry 1.31191
SL: 1.31650
TP1: 1.30991 (20 pips)
TP2: 1.30803

Risk management max. 3%
SL= -46 pips ==> 0.01 lot per 200 $/€

Chart PatternsTrend Analysis

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