DrRoach2

GBPUSD short with trading playbook

Short
OANDA:GBPUSD   Livre sterling / Dollar américain
Hello, this is a trade that has potential to allow us to play the swings up and down for a near 10:1 risk to reward each time. We have an accumulation schematic at the bottom of the range and a distribution one at the top indicating a trading range on a higher time frame. I will be selling at the top and buying at the bottom and waiting for the larger timeframe schematic to play out to get the best positions coming out of this range. I will keep updating this idea when I enter long and short positions.
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