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DACapitalTrading
Feb 18, 2020 12:20 PM

GBPUSD - FOREX - 18. FEB. 2020 Short

British Pound/U.S. DollarFXCM

Description

Welcome to our weekly trade setup ( GBPUSD )!

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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.

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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

Trade active

Comment

down we go?

Trade closed: target reached

Closed with +130 Pips!
Comments
DeniseRossouw43
@InvestingScope - Hi I like the chart setup...how do i get the MACD with arrows please.
DACapitalTrading
@DeniseRossouw43, theres no macd?
ProjectSyndicate
looking mint
W4nn4cry
can i ask you something, if the a price has reach certain area what comfirmation you use for entry? breakout? pullback? engulfing? other?
DACapitalTrading
@W4nn4cry, Overall market structure and price action
DACapitalTrading
@W4nn4cry, good luck :)
hoangdhxstc
nicely done
DACapitalTrading
@hoangdhxstc, thank you!
DACapitalTrading
@hoangdhxstc, did you take it?
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