1DAY GBP/USD SHORT IDEA
Updated
GBP/USD turned to the downside, broke through the channel bottom and then came back up for a re-test of resistance. I will target the 200 EMA below but instead of holding a swing, I will scalp trade it on the way down.
Trade closed: target reached
Absolutely textbook example of a break and re-test strategy on the daily timeframe.
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