GBPUSD Short
I entered the GBPUSD short at the end of today’s WLW a little late, but still close to price of the last candle’s close on the 1h.
This pic was taken after I got in, but you can clearly see the area of indecision against the 4h trendline and the break below may mean that this is a bounce off of that trendline and that the retracement is over.
PT: 1.5560, SL: 1.5675 (deeper may make more sense from an s/r standpoint, but it will throw off your R:R – so if you’re taking this trade – be deliberate about your choice).
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anyone reading this? I am long usdchf…… 4.50 AM US EST
Well done!! My G/U hit my PT, but not deep enough for the spread. ARG! I’m out of the N/U with just a kiss of the PT. Wow.