GBPUSD - Trendline!
Hello my dear friends,
Currently this pair showing bullish momentum withdrawing so we will collect our profits and go in contrary trade but before doing so, we have to confirm this trade' validity by breaking below the trendline.
Our trade:
Sell market @ 1.2995
Stop-loss @ 1.30696
TP1 @ 1.28796 — R/R 1.53
TP2 @ 1.27637 — R/R 3.1
Currently this pair showing bullish momentum withdrawing so we will collect our profits and go in contrary trade but before doing so, we have to confirm this trade' validity by breaking below the trendline.
Our trade:
Sell market @ 1.2995
Stop-loss @ 1.30696
TP1 @ 1.28796 — R/R 1.53
TP2 @ 1.27637 — R/R 3.1
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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.