Nice short trade set up on GBPUSD. I am looking to trade this one down to near term daily support and then potentially lower lows as shown on the chart.
Stop loss is 50 pips above current price to keep it away from any volatility spike that might occur.
Stop loss is 50 pips above current price to keep it away from any volatility spike that might occur.
Trade active
Note
TP1 reached. I have made this trade risk free nowTrade closed: target reached
Trade closed at Tp2 after it bounced and rejected it nicely.
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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.