GBPUSD - Short
Technical, H4 time frame - Mentor: Hoseini Finacne (Iran)
RSI: Oversold zone, signaling a trend reversal, and 'Sell' order - Indicator is confirming
Chart: Triangle, candle formation outside the dynamic line, confirming
Stop Loss: Risk Ratio or above the Triangle Pattern
Take Profit: Support line or below Rectangle
PS: This is my own analysis and backtesting
RSI: Oversold zone, signaling a trend reversal, and 'Sell' order - Indicator is confirming
Chart: Triangle, candle formation outside the dynamic line, confirming
Stop Loss: Risk Ratio or above the Triangle Pattern
Take Profit: Support line or below Rectangle
PS: This is my own analysis and backtesting
Trade closed: target reached
Take Profit reached.35 Pips taken (adjusted TP from the initial 45 that was set at the opening of the London session)
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