TheFxAce

[TRADE ALERT] GBPUSD Here We Go......

Short
FX:GBPUSD   British Pound / U.S. Dollar
As expected we got the move above 1.21 into the weekly SUPPLY/SELL zone you can read the full analysis in my related post.

You will read in that post that I was looking for a SELL signal to occur on timeframes above the 4hr once we went above 1.20 my indicator give that SELL signal earlier today and we entered the position.

As per previous post we will target the previous swing high in the current trend @ 1.16 with stop loss above the SUPPLY/SELL zone.

As the position moves in our favor I will lock in profits and trail the stop.

If you read my related post this is going exactly as predicted enjoy

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