2019-03-08 14:30 GMT+08:00 GBPUSD Daily Sell Limit

Open conditions:
1. Sell limit at 1.3105
2. EMA (20) < MA(72)
3. Pull back up to EMA (20)
4. Pull back more than 30pip today
5. Yesterday pull back and touch MA(72),
then dropped down strongly,
so maybe today we can open position just
around EMA(20)
6. London market opened 2 hours
7. ATR(5) = 90, more than 50 pips to TP

Stop loss:
1. 50pips
2. 3% risk
3. High probability go down,
but we don't where to begin,
so add stop lost to 50 pips

Take profit:
1. 1.3020 or 50pips
2. Daily volatility

Yorum:

Updated stop loss to 1.30950