Short possibility on GBPUSD for 1D Timeframe
Updated
Happy new year folks. Wish you all the best in your trading career this year. Market opened yesterday with almost no momentum however everyone has been waiting for NFP and FOMC. I have an analysis of DXY and estimating to go upper so which will push GBPUSD pair to down. I have some confluence to backup this trade.
--61,8 Fibo
--1.36 Key levels
--3. touch trendline
--200 EMA
Please use proper risk management and %1 or less is recommended and optimal R:R is 1:3 at the moment
--61,8 Fibo
--1.36 Key levels
--3. touch trendline
--200 EMA
Please use proper risk management and %1 or less is recommended and optimal R:R is 1:3 at the moment
Trade active
SL moved to entry level, we are BE at the moment, lets see how it will developTrade closed: stop reached
Trade ended as BE trade, no loss no win, lets move on to next trade
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.