Short on GBPUSD again following the major trend
Friday seems an uptrend for GBPUSD but still the dominant trend should follow on higher time frame. Still short on this and already entered on short position.
Noticed multiple rejections as well on the upside as another confluence to enter the trade.
Risk reward ratio is also good on this trade just in case it doesn't work out.
Make sure to also move SL once TP1 has been reached to minimize risk and take money off the table.
Noticed multiple rejections as well on the upside as another confluence to enter the trade.
Risk reward ratio is also good on this trade just in case it doesn't work out.
Make sure to also move SL once TP1 has been reached to minimize risk and take money off the table.
Note
TP1 Hit.Move SL to breakeven..
Trade closed: target reached
Both target profits got hit...
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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.