GBPUSD ready to calm down for some time now. Short

GBP/USDOANDA

Description

⋅ Feb 27, 2019 7:29 PM

This week GBP performed precisely as expected, the previous trade successfully hit Take Profit with the R:R 1:8.

Please be a bit cautious with this trade the price can extend high past the red zone before reversing to the downside.

Trade active

⋅ Mar 4, 2019 11:15 AM

If the third candle also closes red after the first two, the trade is active otherwise the close the trade. Currently more than 1:1 in profit.

Beyond Technical Analysis