dadaley48

GBPUSD SHORT "continuation" ENTRY 2

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
LINK OF FIRST ENTRY IS BELOW
Pair Name : GBPUSD
Time Frame : 1HR
Scale Type : LARGE

Price has broken structure to the downside on the 1 min and 3 min and is now trading at a 4hr RESISTANCE area and has had a false break above the previous 4hr high which presents it self as equal highs on the 15 min timeframe

Reason for trade

Imbalance to be filled

Price trading at 4hr resistance & a false break above, the previous 4hr high


price has made a significant retracement into the 61.80 area

Don't trade without a stop loss ALWAYS MANGE RISK!!!!!!!

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