FX:GBPUSD   British Pound / U.S. Dollar
Pair in downtrend. Market structure on daily LH and LL. I can see possible entry point for shor on 8H chart in 1,34150-300 area. Don´t enter blindly on entry line. Don´t FOMO. Example, price will go up above entry line to 1,34250-300(false breakout). When it closes back agressively(it means under previous candle lows) under entry line and you will see rejection candle ( evening star, bearish engulfing pattern) ENTER to the trade and set SL. I will update this idea when entry conditions are met. If you follow me, you get message. SL is caluclated as 1 ATR from daily. Not the best RR ratio in this trade, alternativelly you can use 1,34500. Please TP 50% at upper green line. Possible pull back in this area. Don´t let your profit to disappear. When you TP first green line, set SL to BE and trail it down to second green line. This is not a financial advice. Good luck.

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