GBPUSD - I went SHORT Short

British Pound/U.S. DollarFXCM

Description

⋅ Jun 29, 2020 7:41 AM

Hello Traders!

I am seeing the possibility of GBPUSD SELL. There is a significant level and the price is below the 200 EMA and 20 EMA in the 2hr timeframe. The H4 chart is showing bearish pressure also.
DXY is showing the possibility of a stronger dollar.

Market-Sell:1.23630
Stop-Loss: 1.23900
Take-Profit: 1.22900

Stop-Loss: 27 pips
Risk: 1%

Risk-Reward: 2.7

What do you think?
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Comment

⋅ Jun 29, 2020 1:40 PM

Almost hitting take profit. I have locked in profits already.

Trade closed: target reached

⋅ Jun 29, 2020 4:36 PM

TP smashed
Looking forward to a good week. Let's trade profitably guys