[GBPUSD, 5/12/2018] Wait for short opportunity
Reason to wait to go short"
1. Brexit uncertainty remains strong
2. Short position has better risk-award ratio than long position (need more than 40 pips for stop loss if go long while you only need about 20 pips for SL if go short)
Entry: 1.28000
TP: 1.26800
SL: 1.28200
1. Brexit uncertainty remains strong
2. Short position has better risk-award ratio than long position (need more than 40 pips for stop loss if go long while you only need about 20 pips for SL if go short)
Entry: 1.28000
TP: 1.26800
SL: 1.28200
Note
Entry region: 1.28000-1.28300Trade active
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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.
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.