[TRADE IDEA] GBPUSD could get shorted from the demand zone
Updated
Got 5/5 trades right this week on GBPUSD. Going short on this pair has been a miracle this month. For today I am looking for a shorting opportunity from the [DEMAND ZONE] that I have drawn above (Square Blue Box). With the confluence from 4H bearish move, I am confident with this trade to make 60 pips of profit while risking 20~30 pips (depending on your lot size)
For this trade I am placing [SELL STOP] @1.32440 And if it triggers I will wait for the market structure to form bearish structure before placing my [BREAKEVEN]
Goodluck
For this trade I am placing [SELL STOP] @1.32440 And if it triggers I will wait for the market structure to form bearish structure before placing my [BREAKEVEN]
Goodluck
Trade closed: target reached
Take profit got hit
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