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British Pound / Australian Dollar
Short
Updated

GBPUSD - 4H - SHORT - Trend Entry Setup - 21 May 2020

GBPUSD at a key resistance zone on the 4H chart
Trend: Bearish

  • Enter SHORT @ 1.85475
  • Stop Loss @ 1.8705
  • Target 1 @ 1.83825
  • Target 2 @ 1.829
  • Target 3 @ 1.815

Trade closed: stop reached
Note
I normally close the trade with a stop loss on candle close regardless if I am trailing or not.
Trade closed: target reached
Take profit 1,2 & 3
TrendSetups
Also on:
Bearish PatternsChart PatternsGBPUSDgbpusdshortsetuptendTrend AnalysisWave Analysis

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.
Bearish PatternsChart PatternsGBPUSDgbpusdshortsetuptendTrend AnalysisWave Analysis
TrendSetups
Also on:

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.