VasilyTrader

GBPUSD: Morning Scalping 🇬🇧🇺🇸

Long
OANDA:GBPUSD   British Pound / U.S. Dollar

Hey traders,

Here is a very nice scalp trade that I took with my mentee this morning:
GBPUSD is relatively oversold,
the price formed a falling wedge pattern on 30m time frame and formed a double bottom formation within.

The resistance line of the wedge was broken this morning and we bought and a retest.

Goal - 1.371
Stop - 1.361

Scalping trades are very risky.
Don't risk more than 0.5% of your balance.

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