GBPUSD - 2/9/2021 SETUP
Updated
GBPUSD has reached the absolute level of the channel making it another possible SELL scenario.
I tend to mainly catch the 1st target and trail my stop loss according to price action or I move my SL to breakeven to make it risk free trade.
I tend to mainly catch the 1st target and trail my stop loss according to price action or I move my SL to breakeven to make it risk free trade.
Note
Update#1: Scalpers can secure profit at around 15 pips.Note
Update#2: GBPUSD market volume is around 4k on the 1HR chart which could give us a decent bearish momentum.Note
Trade Status: Closed at Breakeven due to uncertainty. 0 pips.
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