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AEFX786

GBPUSD Short Setup

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
AEFX786 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Supply and Demand Fibonacci GBPUSD gbpusdshort gbpusdsignal gbpusdsell gbpusdanalysis gbpusdidea gbpusdsetup
6
2
trendanalysis supplyanddemand fibonacci gbpusd gbpusdshort gbpusdsignal gbpusdsell gbpusdanalysis gbpusdidea gbpusdsetup
Whilst I'm bullish on longer timeframes with GBP, this aligns with my short term sentiment and DXY bottomed out last week.
Comment:
Price bounced 5.2 pips above the first profit taking level. We're now seeing a pullback, which may retest the supply zone.
Comment:
Stop loss was hit and executed a position again from 1.36868 with stops above the highest wick. Partial profits taken at 1.36500.
Comment:
TP1 Hit.
Comment:
Taken some small profits here ahead of TP2 as I'm anticipating a pullback now.
Comment:
Partial profits taken ahead of TP3.
Trade closed: target reached:
Closed with trailing stop at break even.
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