Trade 3: GBP/USD - Short - 6.3 RR Ratio
Longer Time Frame Analysis - 1hr
1. Clear bearish sentiment
Shorter Time Frame Analysis - 15min
1. AMD price action
2. Head & Shoulder Pattern
Shorter Time Frame Analysis - 5min
1. Shorter EMA cross under Longer EMA at the bearish triangle breakout
Entry:
1. BOS - Head & Shoulders
2. Shorter EMA cross under Longer EMA
3. The candle next to breakout bearish candle closed below the price of breakout candle
Target: Using Support & Resistance of Price Action
T1: 1.28457
SL:
Above breakout base of head & shoulders pattern
*Please let me knows your views and thoughts, they will remind me there's more to learn*
1. Clear bearish sentiment
Shorter Time Frame Analysis - 15min
1. AMD price action
2. Head & Shoulder Pattern
Shorter Time Frame Analysis - 5min
1. Shorter EMA cross under Longer EMA at the bearish triangle breakout
Entry:
1. BOS - Head & Shoulders
2. Shorter EMA cross under Longer EMA
3. The candle next to breakout bearish candle closed below the price of breakout candle
Target: Using Support & Resistance of Price Action
T1: 1.28457
SL:
Above breakout base of head & shoulders pattern
*Please let me knows your views and thoughts, they will remind me there's more to learn*
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