Possible GBP/USD Short position!! Short

BRITISH POUND / U.S. DOLLARICE

Description

⋅ Jan 28, 2019 3:00 AM

SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Chart time frame - H4
Timeframe - 1-4 days
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will find resistance at current levels at @ 1.324 - 1.3325 levels and move towards the first Target 1 level @ 1.2990

FX:GBPUSD

Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 1.2990
Target 2 @

Risk/Reward @ 4.1

Happy trading :)

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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!

Comments

jordanmac

⋅ Feb 4, 2019 12:42 PM

spot on analysis, bro

en1gm9t-c

⋅ Jan 28, 2019 4:37 AM

Astonishingly close to my analysis on this pair, not to mention we nearly wrote it @ the same time. Personally, I'm a little leery due to Tuesday's Plan B vote but high probability setup nonetheless. Good luck!


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<p><a href="tradingview.com/chart/GBPUSD/5vpivWip-Do-key-levels-even-matter-with-the-Sterling/">Do key levels even matter with the Sterling?</a> by <a href="tradingview.com/u/en1gm9t-c/">en1gm9t-c</a> on <a href="tradingview.com/">TradingView.com</a></p>

SMPTrader

⋅ Jan 28, 2019 5:03 AM

@en1gm9t-c, Great to hear :) Let's see what happens. I haven't entered yet as i feel its got further to go