DCM_Markets

GBPUSD short idea

Short
FX:GBPUSD   British Pound / U.S. Dollar
Ascending wedge pattern on the 1h/30m, agreeing with my 4h bias. Confirmation of entry would come from initial momentum showing a pattern breakout to the downside. This strategy has an average win ratio of 57% over the last 2 years. I always use 3:1 RR.
Comment:
GBP GDP introduced volatility, breakout occurred but the 30m candle close was poor. No entry taken

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