GBPUSD SHORT ( Short term trade)
1. Big bearish candle and breaking support, after a long consolidating range in the 1 hour and 30 minute chart.
2. Good RR of about 2.
* A very aggressive trade so try to make it a quick one, rob to use trade management if price action shows bear pressure is weak.
2. Good RR of about 2.
* A very aggressive trade so try to make it a quick one, rob to use trade management if price action shows bear pressure is weak.
Note
Reaching a RR of 1:1. As this is an aggressive higher risk trade, going to take half profit here.Note
Price action retested structure can look to add back the previous half position taken outTrade closed: stop reached
breakeven trade
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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.