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Toukhy
Jun 10, 2023 9:40 PM

GBPUSD Short

British Pound/U.S. DollarFXCM

Description

Hello everyone, I have a good idea for selling GBP/USD. There is a perfect trendline on the 1-day time frame, along with a strong order block on the same time frame, and a Fibonacci retracement level of 61%. Additionally, there is a strong resistance level on the RSI (Relative Strength Index), and I have observed a divergence as well. Furthermore, the dollar index is currently at a strong support level. It's important to manage your risk effectively. Good luck to all!

Trade active

Trade active

Trade active

Trade closed: target reached

Second target reached
Comments
Toukhy
1st goal done, please close half size and change your stop loss to entry
JoeChampion
This is brilliant!
Toukhy
@JoeChampion Thank you
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