GBPUSD H4 Short Position
GBPUSD Pair has mitigated a H4 Orderblock on the sell side, and there is liquidity. Also its a triple high on H4, and if the price respects the zone of interest(H4 OB) a pullback is expected. The target is the previuos swing low knowing we are in a bullish market structure on H1 and H4 GBPUSD.
After reaching 1:1 - 1:2 RR or 1-2% moving stoploss to entry makes the trade risk free.
GBPUSD Pair has mitigated a H4 Orderblock on the sell side, and there is liquidity. Also its a triple high on H4, and if the price respects the zone of interest(H4 OB) a pullback is expected. The target is the previuos swing low knowing we are in a bullish market structure on H1 and H4 GBPUSD.
After reaching 1:1 - 1:2 RR or 1-2% moving stoploss to entry makes the trade risk free.
Trade active
1% or 1:1 RR reachedTrade active
2% or 1:2 RR reached
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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.
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.