GBPUSD - Short | Downtrend to continue, see recent sell zones.
GBPUSD - Short | Downtrend to continue, wait for pull back to recent sell zones.
Entry Attempt1: 1.18785 sell zone.
Previously came to this level and faced rejection as well as being a previous support area.
Entry Attempt2: 1.19146 sell zone.
another area of recent resistance
Take profit: 1.18147
At previous support levels.
Always Use good risk management, only risk 1% or less on any given trade. When a certain % or pips in profit move stop loss to breakeven. Also you can take partials along the way or trail profit in case of a reversal or if price surpasses our target level.
Entry Attempt1: 1.18785 sell zone.
Previously came to this level and faced rejection as well as being a previous support area.
Entry Attempt2: 1.19146 sell zone.
another area of recent resistance
Take profit: 1.18147
At previous support levels.
Always Use good risk management, only risk 1% or less on any given trade. When a certain % or pips in profit move stop loss to breakeven. Also you can take partials along the way or trail profit in case of a reversal or if price surpasses our target level.