SKbabs

GBPUSD 1:10 RR possibility!!!

Short
SKbabs Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Looking to short at 1.3180 area which is 61.8 Fibonacci retracement of 1.3482 to 1.2675 swing. There’s a possibility of price retracing to 78.6 fib level or even back to 1.3482, so will be using a tight stop loss. See additional information on the chart.
Trade closed manually

Related Ideas

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.