GBPUSD - I went SHORT
Updated
Hello Traders!
I am seeing the possibility of GBPUSD SELL. There is a significant level and the price is below the 200 EMA and 20 EMA in the 2hr timeframe. The H4 chart is showing bearish pressure also.
DXY is showing the possibility of a stronger dollar.
Market-Sell:1.23630
Stop-Loss: 1.23900
Take-Profit: 1.22900
Stop-Loss: 27 pips
Risk: 1%
Risk-Reward: 2.7
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
I am seeing the possibility of GBPUSD SELL. There is a significant level and the price is below the 200 EMA and 20 EMA in the 2hr timeframe. The H4 chart is showing bearish pressure also.
DXY is showing the possibility of a stronger dollar.
Market-Sell:1.23630
Stop-Loss: 1.23900
Take-Profit: 1.22900
Stop-Loss: 27 pips
Risk: 1%
Risk-Reward: 2.7
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
Note
Almost hitting take profit. I have locked in profits already.Trade closed: target reached
TP smashedLooking forward to a good week. Let's trade profitably guys
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