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onelinkFX
Nov 21, 2022 9:09 PM

GBPUSD - Daily Trade Idea - 22-Nov-22 Short

British Pound/U.S. DollarFXCM

Description

GBPUSD (SHORT)- If all the resistance holds in place.

If we see the Resistance broken out then we could see the shift in the trend.

I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.

(THIS IDEAS VALID NEXT 24 HOURS)

Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
Comments
UnknownUnicorn15614419
🤑 Great! Was looking through the asset and ideas related to it and held the same opinion. My opinion was only supported with the arguments of your idea)
JoeChampion
It makes sense!
NeptenFX
Can't disagree on that one. I've the same idea 🔥
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