GBPUSD (short)
Trade Analysis
- Rejection 1H descending trend line
- Broken 1H ascending trend line
- Rejection of 1H resistance
- Outer 0.618 Fib
- Inner 0.50 Fib
Reason For Stop-loss:
- Above 1H resistance
- Above 1H descending trend line
Reason For Target:
- 4H lows
Trade Management:
- Sell limit
- Rejection 1H descending trend line
- Broken 1H ascending trend line
- Rejection of 1H resistance
- Outer 0.618 Fib
- Inner 0.50 Fib
Reason For Stop-loss:
- Above 1H resistance
- Above 1H descending trend line
Reason For Target:
- 4H lows
Trade Management:
- Sell limit
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