GBPUSD Short Short

British Pound/U.S. DollarFXCM

Description

⋅ Mar 23, 2022 7:55 AM

As we can see on H4 TF, price already make a rejection on Resistance Level.
So simple analysis from me, I choose short for GBPUSD to my 1st target at around 1.32105.

Trade closed: target reached

⋅ Mar 23, 2022 3:50 PM

My 1st target has reached :) 90pips

Comments

BlockMantis

⋅ Mar 23, 2022 8:07 AM

once it hits the target do u anticipate the price to go bullish or continue bearish ?

zeefx22

⋅ Mar 23, 2022 8:10 AM

@BlockMantis, Will wait for the price action. If break Support 1.32 then I expect it will continue bearish. If failed then bullish will expected