GBP/USD SHORT - Bounce from Fib Level/Shooting Star
Took a short position on this pair, it has formed a shooting star on the 4HR chart, bounced from the trend line earlier and has bounced from the 0.382 fib level on the 4HR chart.
TP @ 1.22272
SL @ 1.23461
R/R @ 1.69
TP @ 1.22272
SL @ 1.23461
R/R @ 1.69
Trade closed: stop reached
Was chasing the trade. Relax and re-evaluate.
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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.