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orvilleawright

GBPUSD (4 Hour) -Taking 140 pips profit on 1/2 of short position

British Pound / U.S. Dollar (FX:GBPUSD)  
orvilleawright  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
4
0
trendanalysis chartpattern indicator
Taking 140 pips profit on 1/2 of short position. The GBPUSD has not moved down aggressively. I will reduce risk by closing half the position. In anticipation of a pullback, I will delay moving stop to breakeven on the remaining 1/2 position.
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!

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