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grantsimon

GBP/USD Short - MARCH RECAP

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
grantsimon  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis marketstructure markets priceaction priceactionanalysis lowerlow Fibonacci Retracement GBPUSD gbpusdshort
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trendanalysis indicator beyondta marketstructure markets priceaction priceactionanalysis lowerlow fibonacciretracement gbpusd gbpusdshort
A+ setup with GU
Strong support zone between 1.21497-1.21448 ... monitor P.A
If 30m candle is an engulf will have to exit and manage loss accordingly...

Play wise, price created a low and RT, found EMA R and bearish pinbar by London open indicating downside momentum !

Larger than average RR - 6.8
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