M_Shariq

My Trade Plan: Short GBP/USD

Short
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
My Trade Plan: Short GBP/USD

I will Short GBP/USD after the Price Retests the Resistance zone. R/R for the trade is 1:4. Strict Stop Loss of 10 Pips is Intact.

Note: Do your own analysis before taking the trade.

Short/Sell zone: 1.34430 - 1.34400
Stop Loss: 1.34586
Targets: 1.34078 and 1.33770

Indicator used: Moving Average (MA)
Analysis based on Supply and Demand & Moving Averages.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.