GBP/USD - time to sell with nice risk/reward ratio
Price is in uptrend channel on 4H
Testing first big resistance
All indicators (RSI and MACD) screaming for correction
Targets and stop loss is drawn in the chart
Good luck to all
Testing first big resistance
All indicators (RSI and MACD) screaming for correction
Targets and stop loss is drawn in the chart
Good luck to all
Comment:
Wait for short confirmation before entering this Trade. 2 candle need to close under 1.33 otherwise this analysis is invalid
Trade active
Trade active:
TP1 reached - TP2 still valid
Trade closed: target reached:
TP2 finished
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
