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M_Shariq
Nov 20, 2021 9:37 AM

My Trade Plan: Short GBP/USD  Short

British Pound / U.S. DollarFOREX.com

Description

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.
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