Tight risk/reward ratio: Short GBPUSD below Key level resistance
There is a key level above the price, trend is bearish and the indicators agree on the direction the market's moving.
The options expiration line above and a fix rate level serve as overhead resistance, to measure risk from.
Target is 2 ATRs down, closing half the lots at 1 ATR profit and moving stop to break even by then.
The options expiration line above and a fix rate level serve as overhead resistance, to measure risk from.
Target is 2 ATRs down, closing half the lots at 1 ATR profit and moving stop to break even by then.
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