GBPUSD Deep Crab Pattern and Long Scalping
Description: As we have published in attached idea, we look for a long opportunity at the butterfly completion. However, a deep crab pattern on H4 Chart confirms us a minor retracement for scalping.
Trade Period: Intraday Trading
Pair / Instrument: GBPUSD
Time Frame: H4
The trend in the Timeframe: Bearish
The trend in the Daily Chart: Bearish
Trade Based On: Deep Crab PAttern
Recommended Lot Size: 0.05@ 10 K Account with 1:100 Leverage
The Area Of The Entry: 1.27300
Stop Loss: Below 1.27000
Target 1: 1.27700
What to Pay Attention:
You can view the setup: GBPUSD Major Retracement
UPDATE: Target reached. Trade Closed. 40 Pips
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