GBPUSD | Big Short coming
https://www.tradingview.com/x/TFq77E2U/
We're anticipating a big short coming in GBPUSD.
I added 2 possible main swing trades. Each one have a backup entry in case the main one failed to move in our direction.
#1st Main trade will be as below:
- Entry Price: 1.28159
- Take Profit: 1.27296
- Stop Loss: 1.28260
- R2R: 1:8.5
#Backup for 1st Main Trade in case it hit SL:
- Entry Price: 1.28260
- Take Profit: 1.27296
- Stop Loss: 1.28360
- R2R: 1:9.6
-------
#2nd Main trade will be as below:
- Entry Price: 1.28525
- Take Profit: 1.27293
- Stop Loss: 1.28675
- R2R: 1:8.2
#Backup for 2nd Main Trade in case it hit SL:
- Entry Price: 1.28675
- Take Profit: 1.27296
- Stop Loss: 1.28896
- R2R: 1:6.3
We're anticipating a big short coming in GBPUSD.
I added 2 possible main swing trades. Each one have a backup entry in case the main one failed to move in our direction.
#1st Main trade will be as below:
- Entry Price: 1.28159
- Take Profit: 1.27296
- Stop Loss: 1.28260
- R2R: 1:8.5
#Backup for 1st Main Trade in case it hit SL:
- Entry Price: 1.28260
- Take Profit: 1.27296
- Stop Loss: 1.28360
- R2R: 1:9.6
-------
#2nd Main trade will be as below:
- Entry Price: 1.28525
- Take Profit: 1.27293
- Stop Loss: 1.28675
- R2R: 1:8.2
#Backup for 2nd Main Trade in case it hit SL:
- Entry Price: 1.28675
- Take Profit: 1.27296
- Stop Loss: 1.28896
- R2R: 1:6.3
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.