My Trade Plan: Short GBP/USD
I will Short GBP/USD after the Price Retests the Resistance zone. R/R for the trade is 1:4. Strict Stop Loss of 10 Pips is Intact.
Note: Do your own analysis before taking the trade.
Short/Sell zone: 1.34430 - 1.34400
Stop Loss: 1.34586
Targets: 1.34078 and 1.33770
Indicator used: Moving Average (MA)
Analysis based on Supply and Demand & Moving Averages.
I will Short GBP/USD after the Price Retests the Resistance zone. R/R for the trade is 1:4. Strict Stop Loss of 10 Pips is Intact.
Note: Do your own analysis before taking the trade.
Short/Sell zone: 1.34430 - 1.34400
Stop Loss: 1.34586
Targets: 1.34078 and 1.33770
Indicator used: Moving Average (MA)
Analysis based on Supply and Demand & Moving Averages.