Entry Price: 1.4923
Stop Loss: 1.4892
Target Price: Unknown
Reason for Trade: GBPUSD. Anticipating a bounce from the resistance line of the March 18-27 downtrend (indicated by the blue diagonal line) and following the uptrend (indicated by the yellow diagonal line). Also a good time for placing a stop loss – below the psychological support of 1.49 or once it breaks down from the support line of the uptrend.
Updates: 3pm 3-29. Stop loss moved to my entry price.
Updates: 4pm 3-29. Took profits @1.5005
Net Profit: 82 pips!!!