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DiamondHandsOnly

10/23/19 - SELL GBPUSD

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
DiamondHandsOnly  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns journal priceaction Technical Analysis nguyentrading
2
0
trendanalysis chartpattern journal priceaction technicalanalysis nguyentrading

Position: Short
Entry Price: 1.29154
Take Profit: 1.27942 (121 Pips)
Stop Loss: 1.30366 (121 Pips)
Risk / Reward: 1:1 (2%)

4HR Analysis:
snapshot
- Price break and retest confirmation
- Rejection at Trendline resistance
- Target Fib .681

Daily Analysis:
snapshot
- Break of short term trend line
- Daily closed below trend line (entry on retest)

Weekly Analysis:
snapshot
- Price is at 100 EMA (Strong resistance)
- Trendline Resistance (Support turned resistance retest on the weekly

Result: WIN 1:1
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