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SHORTING $GBPUSD (4 Reasons)
British Pound / U.S. Dollar
Short
SHORTING $GBPUSD (4 Reasons)
By fluxchart
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Updated
Jan 18
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Jan 18
Opening up a short position on
GBPUSD
for the following reasons.
Recently had a bearish CHoCH+ which indicates a strong market trend shift. This is my trigger to look for short opportunities in the market
Rejected PDH (Previous Day High)
VWAP Divergence line is RED and price is below the VWAP
Great RR with this trade
Entry: 1.26811
Take Profit: 1.25965
Stop Loss: 1.26964
Jan 18
Note
Stop loss hit
Forex
forexsignals
gbpshort
GBPUSD
Technical Indicators
shortsetup
Trend Analysis
fluxchart
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