A Great R/R on GBP/USD Short...

已更新
A risky play here as GBP/USD rejects and falls back under 1.2667. There are two important highlights about taking a short here:

1) Price is still in an uptrend, so sizing must be small because it is risky to go short without confirmation.

2) That said, the potential reward is MASSIVE - considering a final TP around 1.07 you have a R/R of 17:1

A $100 risk would net you $1,700
交易進行
Entered short at 1.265
手動結束交易
Stopped out at 1.274
註釋
Since being stopped out I have flipped long and momentum appears to be picking up. I was not able to make a post about this as I was on vacation.
ForexforexsignalforexsignalsGBPUSDgbpusdanalysisgbpusdshortshortsetupshortsignalSupport and ResistanceTrend AnalysisWedge

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