Marenno
Short

GBPUSD Sell Limit set-up

FX:GBPUSD   British Pound/U.S. Dollar
The price is going up to 1.4850 resistance.
Sell limit 1.4850, SL above 1.4900, Target 1 - 1.4720, Target 2 - 1.4525

I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy)
P.S. Using a small stop losses in my strategy makes them triggered quite often, however, it saves my account from wide drawdowns, and keeps my RRR             positive.
youtube channel:
youtube.com/c/marenno

Using:
http://marenno.com/index.php/how-to-use-volume-and-open-interest-option-levels/

Counting:
http://marenno.com/index.php/counting-option-levels/

Banned: https://www.facebook.com/marennoacademy/

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out