10/23/19 - SELL GBPUSD
Position: Short
Entry Price: 1.29154
Take Profit: 1.27942 (121 Pips)
Stop Loss: 1.30366 (121 Pips)
Risk / Reward: 1:1 (2%)
4HR Analysis: https://www.tradingview.com/x/a9haW2ZU/
- Price break and retest confirmation
- Rejection at Trendline resistance
- Target Fib .681
Daily Analysis: https://www.tradingview.com/x/u61gyfUO/
- Break of short term trend line
- Daily closed below trend line (entry on retest)
Weekly Analysis: https://www.tradingview.com/x/boT97LoA/
- Price is at 100 EMA (Strong resistance)
- Trendline Resistance (Support turned resistance retest on the weekly
Result: WIN 1:1
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