5 times RRR setup - Sell at retest

Updated
Finally a clear Lower Low Lower High structure form at 4hrs chart. Short the market when price fail to break above dotted line . Best to sell at price rejection (when price pierce through and close below)

TP 1.23465
SL - 30pip above the dotted line / 5 pip above the tail of price rejection candle
Trade active
Price will hit Profit Target soon , it's time to move your TS lower to lock in more profit in the event , just in case, the price rebound. Now , like EURUSD, sit back and wait to harvest the profit =)
Trade closed: target reached
Target price hit 1.2346. 100pip realised profit. And fyi day low is just 2pip awy at 1.2344. Hit the like if u profit from the setup too =)
GBPUSDTrend Analysiszentrading

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