GBPAUD 1H — Bearish Setup | 0.25% Risk | 1:1 RR

74
📊 GBPAUD 1H — Bearish Setup

📌 MARKET ANALYSIS

GBPAUD is currently showing a potential bearish setup around the recent resistance area.

Price has rejected the recent high and is showing signs of weakness around the marked zone. I am looking for a short opportunity from this area.

TRADE PLAN:

🔴 Direction: SHORT / SELL
⏱ Timeframe: 1H

📍 Entry: 1.91190
🛑 Stop Loss: 1.91390
🎯 Take Profit: 1.90990

💰 Risk: 0.25% per trade
⚖️ Risk/Reward: 1:1

TRADE MANAGEMENT:

• Risk is predefined at 0.25%.
• Stop Loss is placed above the marked resistance area.
• Take Profit is placed at the 1:1 target.
• No revenge trading.
• No unnecessary movement of the Stop Loss.
• Trade will be managed according to the original plan.

I will update this idea once the trade reaches TP, SL, or is closed manually.

This is my personal market analysis and trading journal, not financial advice.
Trade closed: target reached
🟢 1:1 TARGET HIT — TRADE COMPLETED

GBPAUD 1H Short setup has reached the 1:1 target.

📊 Direction: SHORT / SELL
⏱ Timeframe: 1H
💰 Risk: 0.25%
⚖️ Result: +1R
📈 Account impact: +0.25%

The 1:1 target was reached according to the trade management plan.

Trade completed successfully. No further management required.

This update is part of my public trading journal.

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.