nick2497

GBPUSD Short --- Two Scenarios! (Daily)

Short
FX:GBPUSD   British Pound / U.S. Dollar
Either a short down to 36ema (1. 40 ) level as TP 1 as a pullback and retest of the supply zone we are currently at, trying to break through 1.42 level afterwards,
OR a bigger pullback down to TP2 (at this point, either a deeper pullback to retest the highs later OR a reversal, the former is more likely).

The two arrows represent scenarios to look out for.

TP1 is safer, and worth taking most of the position on.

TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
Trade closed: target reached: Went well!
Comment: 400+ pip profit.

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