I saw an opportunity on GBP USD. This countertrend trade seemed to stick out like a sore thumb.
Big Boss and Boss showing strong bullish PA the last 2 months.
Hammer formed on Worker at minor support, but what struck me was both Worker and Boss 20 fully supported the hammer.
I entered above the hammer, and closed 2/3 of position at 1.5200 minor resistance.
I now have just moved my last position from breakeven to just under minor support of 1.5200.
There is a good chance that price will re-test the 1.5200 level, but this trade is now profitable and stress free.
Big Boss and Boss showing strong bullish PA the last 2 months.
Hammer formed on Worker at minor support, but what struck me was both Worker and Boss 20 fully supported the hammer.
I entered above the hammer, and closed 2/3 of position at 1.5200 minor resistance.
I now have just moved my last position from breakeven to just under minor support of 1.5200.
There is a good chance that price will re-test the 1.5200 level, but this trade is now profitable and stress free.