PathaanKhan

GBPUSD - SELL OPPORTUNITY

Short
FX:GBPUSD   British Pound / U.S. Dollar
Looking for a potential GU SELL, targeting TP AREAS. (30+ PIPS)
Looking to bank 150 PIPS if market holds bearish momentum

Trade Safe

Entry Criteria
- Strictly looking to execute entry on price action, reversal candle, exhaustion candle
- If price breaks through sell area 1 with bullish momentum, look to take sell in sell area 2 (Price Action etc)
- Apply risk management according to what suits your trading style

Targeting price area 1.220, If TP Areas 1 & 2 are broken with strong bearish momentum (150 PIPs)

Trade closed: target reached: TP AREA 1 SUCCESSFULLY HIT - 30 PIPS
Comment: Trade Management:

1. Adjust SL into BE to protect trade and ride 100% of position risk free to TP Area 2/ 3

or

2. Simply close partial (50% of position minimum), to secure some profit + adjust SL into BE to protect trade & ride remaining position risk free to TP Area 2/ 3
Trade closed: target reached: TP AREA 2 HIT - 85 PIPS

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