GBPUSD Setup - 25 May 2011

A pin bar formed after price is being tested on previous support on the hourly chart. I waited for another green upclosed candle before i set my pending buy order. Trade triggered at the price of 1.6175. SL is set at 1.6140. I've set 2 TP for this trade at 1.6230 & 1.6280.

EP: 1.6175
SL: 1.6140
TP: 1.6230 & 1.6280



Trade update: SL hit -35pips