Big Three Strategy- GBPUSD Bullish Move

Step 1- Apply Indicators to Chart:

• *20 Period SMA
  *40 Period SMA
  *80 Period SMA
  

Step 2- Identify the Trend. Price Action needs to break the three Moving Averages

Step 3- Wait for entire candle to close outside of Moving averages + Pull Back in Price Action + Continuation of Trend

We saw the pull back already occur so this looks like a good place to enter a Buy Trade.

Zlecenie aktywne

Transakcja zakończona: osiągnięto poziom stop:

Stopped out. We will regroup and try again!