GBPUSD - 4H - SHORT - Trend Entry Setup - 21 May 2020

Updated
GBPUSD at a key resistance zone on the 4H chart
Trend: Bearish

  • Enter SHORT @ 1.85475
  • Stop Loss @ 1.8705
  • Target 1 @ 1.83825
  • Target 2 @ 1.829
  • Target 3 @ 1.815

Trade closed: stop reached
Note
I normally close the trade with a stop loss on candle close regardless if I am trailing or not.
Trade closed: target reached
Take profit 1,2 & 3
Bearish PatternsChart PatternsGBPUSDgbpusdshortsetuptendTrend AnalysisWave Analysis

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