Currency pair: GBPUSD (Second trade for today)
Time frame: 5M
Potential Profits: 22 PIPs
- The sRs Indicator gave a Conservative SELL signal. (the 3 Red arrows).
- I drew the trend line and and wited for the breakout which already happened.
- I then opened a SELL trade position.
- The price has made a sweet move and I was able to take 22 PIPs net profits (see image#2)