GBPUSD - Sell Short at Supply area - 15mHello everybody, Hope you are in best mode
GBPUSD is about to heat double supply area (2 supply areas that we combined to one)
And if dollar comes with it (Rally) it can drop from here
its a short term trade, i wouldn't really think about more than 1:5 target (1:5R/R)
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Golden Trading Rules:
Stick to a Proven Trading Method
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I'll be happy to read your opinion and ideas
if you like the idea, please give it a like for support, thanks
Have a profitable day
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Techncial
Not Bullish but there's a PLAY on the BULL sideIn my opinion, better quality stocks around
However, stock is sitting on support
If you're insistent on taking a trade on the long side, you can get a bounce off of support
Trading at all time lows, does not bode well for any long position
Sell the rallies.