GBP/USD SHORT - Evening Star/Breakout/Fib
Updated
4HR fib 38.2% level touched, evening star created at this level, the trend line was also broken, this is when i took out the trade. Placed TP at the 100% fib extension level. SL aboe the many indecision wicks to the left.
TP @ 1.23493
SL @ 1.25542
R/R @ 2.51
TP @ 1.23493
SL @ 1.25542
R/R @ 2.51
Note
SL moved past breakeven, if price breaks trend line now, it will most likely go to my original SL as well, if it doesn't, it'll hit my TP. On track to hit TP.
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.