romodov

GBPUSD H4 SHOW SOME SELLING PRESSURE

Short
romodov Updated   
FX:GBPUSD   British Pound / U.S. Dollar
The price trend show that it will be going up, but the best option to buy still at the 50 to 61.8 fibo retractment point.
On the price volume show that the buy is at climax point, and some supply show some selling pressure at supply area. The best option now is to go short and take profit at range 50 to 61.8 fibo. Use good MM at least Risk ratio is 1:1.5.
Trade closed: target reached:
target 1 is being hit!
Trade closed: target reached:
target 2 is hit, now wait & watch for next price action move
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.