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Oct 26, 2018 10:12 AM

GBPUSD SHORT ( Short term trade) Short

British Pound/U.S. DollarFXCM

Description

1. Big bearish candle and breaking support, after a long consolidating range in the 1 hour and 30 minute chart.
2. Good RR of about 2.
* A very aggressive trade so try to make it a quick one, rob to use trade management if price action shows bear pressure is weak.

Comment

Reaching a RR of 1:1. As this is an aggressive higher risk trade, going to take half profit here.

Comment

Price action retested structure can look to add back the previous half position taken out

Trade closed: stop reached

breakeven trade
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