GBPUSD
I am looking for short positions on this market as we are still in a bear run.
Price has not broken structure yet nor showed much resistance.
We are targeting lows from 2020 if price breaks through the mid June lows.
Whilst waiting for a reversal candle, a Doji has formed which is a good sign.
I've marked out TP1 for those who are not looking to swing this position.
If you are looking to enter the market, drop down to a lower TF and wait for your confirmations to be met before entering, using the correct risk management.
Risk:Reward - 1:32
Trading For All | All For Trading
Kevin Capital
Price has not broken structure yet nor showed much resistance.
We are targeting lows from 2020 if price breaks through the mid June lows.
Whilst waiting for a reversal candle, a Doji has formed which is a good sign.
I've marked out TP1 for those who are not looking to swing this position.
If you are looking to enter the market, drop down to a lower TF and wait for your confirmations to be met before entering, using the correct risk management.
Risk:Reward - 1:32
Trading For All | All For Trading
Kevin Capital
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.