GBPUSD SHORT Long

British Pound/U.S. DollarFXCM

Description

⋅ Jul 20, 2021 9:05 AM

Reasons why I am entering:

-Price closed below 1.366 on 1h time frame.
-Downtrend, Lower highs, Lower lows.
-On 15 minute timeframe, price has not closed above 50 Ema recently.
-3 moving averages above price

Trade closed: stop reached

⋅ Jul 20, 2021 1:24 PM

Was to greedy with my stop loss got sucked into the lower time frames made a mistake here

But price went into my direction. So a good trade bat risk management

L

Trend Analysis