thewiz03

GBPUSD: A SHORT TRADE

Short
FX:GBPUSD   British Pound / U.S. Dollar
the asian range high and the low has been marked
the price in the london session in the 15 min time frame has sweeped the asian high
and made a change of character from bullish to bearish in the 1 min time frame
so the target is going to be the asian low

risk: the market structure in the 15 min and the 1 hour time frame has been bullish
so going short means going against the trend
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.