Possible SHORT opportunity GBPUSD
Possible short on this pair. Here's why...
I would take a small position before sizing into it any further. Just to see what it does. Let's keep watch on this.
- Bearish 200-EMA
- Bearish divergence in this trading period
- MFI is recording lower high's signaling a reversal
- counter-trend is broken
I would take a small position before sizing into it any further. Just to see what it does. Let's keep watch on this.
Trade closed: target reached:
I'm out of this trade, what a blast. I sized into two total positions.
-My first position I entered in at 1.22187 and out at 1.21760 for 42.7 pips
-My 2nd position I was in at 1.22063 and out at 1.21760 for 30.3 pips
I manually exited this trade, I didn't feel like holding it over the weekend, and I'm just fine with banking over 70 pips! on to the next one.
-My first position I entered in at 1.22187 and out at 1.21760 for 42.7 pips
-My 2nd position I was in at 1.22063 and out at 1.21760 for 30.3 pips
I manually exited this trade, I didn't feel like holding it over the weekend, and I'm just fine with banking over 70 pips! on to the next one.