Short setup
- Sell Stop
- Strong resistance
- Price move too far very aggressively
- ONLY USE SAME SECOND POSITION RISK AMOUNT OF THE LONG TRADE!!!!! Example of the Long was $5 risk per positions, the maximum can use for this trade is $5!
- DO NOT TAKE THE TRADE, IF THE SECOND LONG POSITION CLOSED!
- Reference:
![GBPUSD [Pending Long correction]](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
Setup Entry
- Entry: 1.23341
- SL: 1.23494
- TP1: 1.22881
- TP2: 1.22506
- TP1 Reward: 3.01
- TP2 Reward: 5.46
- Sell Stop
- Strong resistance
- Price move too far very aggressively
- ONLY USE SAME SECOND POSITION RISK AMOUNT OF THE LONG TRADE!!!!! Example of the Long was $5 risk per positions, the maximum can use for this trade is $5!
- DO NOT TAKE THE TRADE, IF THE SECOND LONG POSITION CLOSED!
- Reference:
![GBPUSD [Pending Long correction]](https://s3.tradingview.com/o/oMDDPTO3_big.png)
Setup Entry
- Entry: 1.23341
- SL: 1.23494
- TP1: 1.22881
- TP2: 1.22506
- TP1 Reward: 3.01
- TP2 Reward: 5.46
Comment:
TP2 mistake updated to 1.22506
Trade active:
I am in at 1.23341
Trade closed: stop reached:
Stop at 1.23494