GBPUSD short target 140 pips
Trade based off higher time frame , support and resistance and trend lines.
After an initial rise approx 22 pips expecting it to reach high resistance and retrace to target.
target is 140 pips , advising to secure here by moving stops, we could have further downside note the gap highlighted on the right of chart and that will more than likely be filled this week.
As always please use proper risk management and entry criteria
Trade based off higher time frame , support and resistance and trend lines.
After an initial rise approx 22 pips expecting it to reach high resistance and retrace to target.
target is 140 pips , advising to secure here by moving stops, we could have further downside note the gap highlighted on the right of chart and that will more than likely be filled this week.
As always please use proper risk management and entry criteria
Order cancelled
Opened and dropped never got to the sell level Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.