An other confluence of resistance on GBPUSD

There is two trendline resistance + 0.618 fib + strong structure.

this can be an other optimal point entry to short GBPUSD because of high risk reward ratio and high probability

Note

SL above last lower high (1.298)
TP1 = 1:2
TP2 = 1:4
TP3 = 1:6

don't forget to readd short if you see a nice trading setup

Note

Note

*readd to short only if you already took profit and the trend is clear + you have a high probability setup with high R:R ratio

Note

I share with you a blog article which i found interesting.
will try to apply some of the concepts

tradeciety.com/how-to-trade-like-a-pro-position-sizing/

Note

short is possible now with 20 pips sl

it filled the gap

Note

Add to short (an other confluence of resistance)

jeanneymar011001

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jeanneymar011001