What I see on GBPUSD is really clear
As explained on the chart,
Seems price broke bellow but we need to wait for confirmation like price close on 4H, then a bit of pull back on bellow rectangle, easily you can have position 1:7 on this setup
we can bank 250 PIPs !!! Easy peasy !!!
As always any question comment me Bellow or DM @FxShzd
Happy Trading guys
As explained on the chart,
Seems price broke bellow but we need to wait for confirmation like price close on 4H, then a bit of pull back on bellow rectangle, easily you can have position 1:7 on this setup
we can bank 250 PIPs !!! Easy peasy !!!
As always any question comment me Bellow or DM @FxShzd
Happy Trading guys
Comment:
Scenario 1 activating still we need more move to down, then we look for SHORT on pull back
Comment:
Banked 250pip ...