What I see on GBPUSD is really clear
As explained on the chart,
Seems price broke bellow but we need to wait for confirmation like price close on 4H, then a bit of pull back on bellow rectangle, easily you can have position 1:7 on this setup
we can bank 250 PIPs !!! Easy peasy !!!
As always any question comment me Bellow or DM FxShzd
Happy Trading guys
As explained on the chart,
Seems price broke bellow but we need to wait for confirmation like price close on 4H, then a bit of pull back on bellow rectangle, easily you can have position 1:7 on this setup
we can bank 250 PIPs !!! Easy peasy !!!
As always any question comment me Bellow or DM FxShzd
Happy Trading guys
Note
Scenario 1 activating still we need more move to down, then we look for SHORT on pull backNote
Banked 250pip ...
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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.