GBPUSD Short - Flashcard
GBPUSD Short - Direction: In a Bearish Cycle as it has not reached the H4 OB, and Bearish Momentum shown on the H4. Entry: RR tracks bounce off the 200 EMA, with divergence. RSI on the M15 also showed that the pair was overbought and was due to drop soon. SL 25 pips above Trade Open (just above 200 EMA), and TP 47 pips below Trade Open (just above YL).
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