Today GBPUSD closed below the mother candle which changed my bias to bearish, as I mentioned in previous post.
Date: 4 January 2023
Pair: GBPUSD
Sell at 3 prices
Stop Loss: 100 pips stop loss each ($10 each)
[total $30 if all SL hit (2%)]
Take Profit: 200 pips TP each ($20 each)
[Total $60 if all orders are filled and all TP hit (6%)]
Reason: Bearish engulfing candle closed outside of mother bar.