GBPUSD ended the week last week in a decline. We see that the ATM indicator called a nice sell. and two new UNTESTED KLS levels have been printed to wait for the retest to continue shorts.
1st key level to look for shorts 1.1 9716 with stops above our second key level.
2nd key level for shorts is 1.19985 with stops above. Will look for a 1:2 risk to reward
We would need to see exhaustion around key levels. trade safe.
Trade closed: target reached
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1:2 GBPUSD 27 pips
Trade active
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Second opportunity to short. Alerts Set. Same set up 1:2 risk to reward and looking for entry on 15 min timeframe.