+28-02-2008+(before).jpg)
+28-02-2008+(after).jpg)
*Attached charts (Before) & (After). Click on it for the enlarged version.
Hello everyone,
Last night, in the wee hours of Singapore Time. I initiated a short position on the GBP/USD at 2:59am (Singapore Time) | 6:59pm (GMT) at the price line of 1.9858.
What I saw was that, my price action analysis and it is in a bull flag. With my secret analysis. Using my similar wave pattern, I calculate my possible target profit at the bottom support of the bull flag.
I went in for a fast trade. Stop loss at 1.9878 (20pips) and Target Profit 1.9795 (63pips). Risk : Reward = 20 : 63 = 1 : 3.15
Then I went to sleep. Woke up, my target profit has been hit. It was hit at 5:24am (Singapore Time) | 9:24pm (GMT).
63pips profit for this trade :)
Peace and trade safely everyone...
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