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SFR6
Jun 13, 2023 3:19 PM

GBPUSD Short Trade Short

British Pound/U.S. DollarFXCM

Description

I plan to enter a short position on GBPUSD at a significant resistance level to take advantage of a potential reversal or continuation of the bearish trend. I'll monitor the price action closely and wait for confirmation as it approaches the resistance level. Proper risk management, including setting a stop loss and take profit levels, will be implemented. I'll stay updated on market conditions and adjust the trade if necessary.



Trade closed: stop reached

Was wrong on this idea
Comments
zAngus
Hi, good job on starting to share your ideas with other users. We hope you had fun working it out as a learning experience. Thank you for contributing :)

From mod @zAngus
mahfuzazim_TA
Technically Short, But USD fundamentally weak!
udaud07
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