MoneyMantraCha

GU BEARISH

Short
MoneyMantraCha Updated   
FX:GBPUSD   British Pound / U.S. Dollar
It seems to be resisting off of the Weekly/Daily zone of around 1.31400 but you can always find a lower or better entry point like 1.30500.

MOM and Stoch facing down. MOM below 0. The orange line is on top of the blue line on the Stoch. Bearish conditions are met.

Sl: 1.30900 Or Higher (40 Pips)
Tp 1: 1.30100 (40 Pips) 1:1RR
Tp 2: 1.29900 (60 Pips) 1:1.5RR
Tp 3: 1.29700 (80 Pips) 1:2RR

Result:
Pending

Please Do Your Own Analysis And Use Proper Risk Management. Only Take The Trade If It Makes Sense To You.
Trade closed: target reached:
TP 1, 2 AND 3 HIT!

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