GBPUSD I'M GOING TO SHORT THIS PAIR
Updated
Hi Traders,
I'm here to help improving your trading skills with my ideas to see the market from sombody else's mind.
On H4 I see, bulls can not push that pair higher. There is a strong resistance line at 1,25000, and as I see price reversed with a double top formation. Direction is confirmed too because the price broke my trendline downwards, and closed under it.
I put my stop loss at 1.25000
My take profit is at 1.15635.
I will post updates about how I manage my stop loss.
Let's be successful together.
Follow me for new ideas, I'll appreciate your follows.
Have a great day ahead,
Benjamin
I'm here to help improving your trading skills with my ideas to see the market from sombody else's mind.
On H4 I see, bulls can not push that pair higher. There is a strong resistance line at 1,25000, and as I see price reversed with a double top formation. Direction is confirmed too because the price broke my trendline downwards, and closed under it.
I put my stop loss at 1.25000
My take profit is at 1.15635.
I will post updates about how I manage my stop loss.
Let's be successful together.
Follow me for new ideas, I'll appreciate your follows.
Have a great day ahead,
Benjamin
Trade closed manually
I closed this trade, I have to revise my idea, because of fibonacci levels, and seems bulls are really strong. I will make a new post.Have a nice weekend;
Take care
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