British Pound / U.S. Dollar
Short
Updated

Another GBPUSD Short Entry

149
GBPUSD is in a down trend on the higher time frame charts.
GBPUSD is in a down trend on the 1h chart.
Price made a new LH a 13:00.
Price broke structure and left behind inefficiency on the 10m chart.
If price pulls back up into the 10m entry zone I will short for a (currently) 2.64:1 risk to reward.
Trade active
Price has pulled into the 10m entry zone triggering this trade.
Target is a new LL at 2.64:1 RR

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.