Turtle soup short on the GBPUSD
This is a demo trade idea to short the GBPUSD.
We went into the OTE zone on the 4Hour chart while we were in a bullish order block on the USDX at the same time.
We also cleaned the stops of the 22nd of October.
On the 15Min we saw a break in market structure for bearish setups. We retraced into a smaller timeframe OTE for a nice short setup.
Take profit would be nice at the previous swing low
We went into the OTE zone on the 4Hour chart while we were in a bullish order block on the USDX at the same time.
We also cleaned the stops of the 22nd of October.
On the 15Min we saw a break in market structure for bearish setups. We retraced into a smaller timeframe OTE for a nice short setup.
Take profit would be nice at the previous swing low
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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.
Related publications
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.