Short GBPUSD on Dead Cat Bounce Break and Hold.
Updated
Shorting GBPUSD here anticipating a final breakdown before any real attempts of a reversal. Safer trade on breakdown confirmation but i'm entering early as i am anticipating at least a test of 1.2350 and willhold if it breaks or take a small profit if it reverses.
Trade closed: target reached
GBPUSD hit TP a couple hours ago, was a nice fast trades. WIsh market traded this way everyday
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.