extraforex1

GBPUSD SHORT POSITION

Short
FX:GBPUSD   British Pound / U.S. Dollar
According to 4h downtrend, Fibonacci, and 50 EMA of GBPUSD chart we have 3 level of TPs with partial exits including:

TP1: 1.3643 with 70% partial exit
TP2: 1.3615 with 70% partial exit of remaining (21% of total)
TP3: 1.3578 with 100% partial exit of remaining (9% of total)
and SL is 1.389
Notice: In half way of SL (when stop loss area Proceeds 50%) (HERE IS 1.382) you can double your size and put TPs as bellow:
TP1: 1.375
TP2: 1.364
TP3: 1.3615

Wish you Profit and success
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