GBPUSD Attempts a Fakeout

2024年7月1日

On the H4 timeframe, the price is attempting to break the trendline, accompanied by a relatively long wick, indicating that the price tendency is still bearish. Observing the larger timeframe, the price still tends to be bearish. Until a new higher high is formed at the price of 1.27022, we assume that the price remains bearish.

For this entry method, I am using the inside bar candle breakout strategy.

Sell Stop: 1.26611
SL: 1.26806 (40 pips)
TP: 1.26206 (+2)

2024年7月1日

註釋

Sorry typo
Sell Stop: 1.26611
SL: 1.26811 (20 pips)
TP: 1.26211 (+2)