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Short on GBPUSD
British Pound / U.S. Dollar
Short
Short on GBPUSD
By aminetv
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Updated
May 26, 2020
5
May 17, 2020
GBPUSD
GBPUSD long term bearish, after a few weeks of ranging, new break out for Sell opportunities ?
SL at 1.2317
TP at 1.18
May 26, 2020
Trade closed: stop reached
LOSS
Observation:
- No clear D1 trend after 5-6 candlesticks ->
Takeaways:
- better cut the trade early, waiting for better / clear signals
- always check for resistance / support patterns before trade execution
May 27, 2020
Note
Observation:
- There was a resistance 38% Fibo line at D1
Takeaways:
-always check for resistance patterns :)
Candlestick Analysis
Multiple Time Frame Analysis
Support and Resistance
aminetv
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