GBP/USD SHORT TRADE POSITION TAKEN
I had a daily/weekly uptrend, which was broken then had the end of a falling wedge with a breakout at a key level,
new 4hourly uptrend formed, then on the 1 hourly we had a break and a retest with large engulfing candle,
Looking for position to pull back to the 0.50 fib level with the fundamentals coming into play at 10am
take partial profits manually move stop loss to entry then leave 50% of the trade running risk free to the downside and key level of the fib.
new 4hourly uptrend formed, then on the 1 hourly we had a break and a retest with large engulfing candle,
Looking for position to pull back to the 0.50 fib level with the fundamentals coming into play at 10am
take partial profits manually move stop loss to entry then leave 50% of the trade running risk free to the downside and key level of the fib.
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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.