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.
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