DACapitalTrading
Short

GBPUSD - FOREX - 18. FEB. 2020

FX:GBPUSD   British Pound / U.S. Dollar
Welcome to our weekly trade setup ( GBPUSD )!

-

1 HOUR
Bullish reaction back towards our resistance

4 HOUR
Good short entries now, prices in pullback

DAILY
We need a drop shortly, taking out last short holders before dropping.

-

FOREX SETUP
SELL GBPUSD
ENTRY LEVEL @ 1.30220
SL @ 1.30860
TP @ 1.28940
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)


Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!

ALAN
Feb 18
Trade active
Feb 18
Comment: down we go?
Feb 20
Trade closed: target reached: Closed with +130 Pips!

Comments

@InvestingScope - Hi I like the chart setup...how do i get the MACD with arrows please.
+2 Reply
DACapitalTrading DeniseRossouw43
@DeniseRossouw43, theres no macd?
+1 Reply
looking mint
+1 Reply
can i ask you something, if the a price has reach certain area what comfirmation you use for entry? breakout? pullback? engulfing? other?
+1 Reply
@W4nn4cry, Overall market structure and price action
Reply
@W4nn4cry, good luck :)
Reply
nicely done
+1 Reply
@hoangdhxstc, thank you!
Reply
@hoangdhxstc, did you take it?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out