GBPUSD, 4hr tf, buy on channel breakout

מעודכן
Based on the 4hr timeframe we could see a descending channel on this pair.
Today we got a solid candle close outside of this channel. Not only price closing outside of descending channel but also above the structural resistance.

Buy GBPUPSD 1.2420
Stop loss 1.2355
Take profit 1 @1.2480
Take profit 2 @1.2540
העסקה בוטלה באופן ידני
after hitting tp1 price continue to go up until 1.2530

i already closed my position at 1.2520 and took +100 pips profit
Bullish FlagbuysetupbuysignalChart PatternsGBPUSDgbpusdbuygbpusdlongTrend Analysis

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