GbpUsd has reached some LVL where trying shorts will not be considered crime in my tradeology (aww dont search this word, there is no such word in dictionary LOL) Well lets get serious here, the short risk is 10 pips or lets be generous to market & give it 15 pips max...if it forms "M" formation or any other entry type u know then go ahead & pull the trigger. But remember to place SL at max 15 pips. Intraday targets & long term targets & trade managements have to be very sensible & not fancies. I am trying this one.
Cheers!
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FxSaint
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Okieee, so we dont have entry here. The setup is considered violated & I m no longer interested in short play.