jamesabuck

Short Term Sell Bias on GBPUSD

Short
FX:GBPUSD   British Pound / U.S. Dollar
Double top leading into break out to the downside. Looking for a pullback to the neckline before a sell to the downside.
Trade active: Bought it yesterday when it sank into my demand zone - +50 pips. Entry this morning @ half risk.
Trade closed: stop reached: Stopped out at -0.5R, the early drop into the shoulder changed the bias - this is why risk management is key! 🔐

Comments

Nice analysis
+1 Reply
Nice one
+1 Reply
Thanks !
+1 Reply
Oh yea 🔥
+1 Reply
jamesabuck TRADESBYZION
@TRADESBYZION, nice reaction off trendline & .786 fib, waiting for the best entry 🙌🏻
+2 Reply
TRADESBYZION TRADESBYZION
@jamesabuck I’m running it already mate . Since yesterday night . Currently 35 pips in profit bro
+2 Reply
jamesabuck TRADESBYZION
@TRADESBYZION, love that bro 🔥
+1 Reply
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