10/23/19 - SELL GBPUSD

2019-11-03 00:44:21


Position: Short
Entry Price: 1.29154
Take Profit: 1.27942 (121 Pips)
Stop Loss: 1.30366 (121 Pips)
Risk / Reward: 1:1 (2%)

4HR Analysis: https://www.tradingview.com/x/a9haW2ZU/
- Price break and retest confirmation
- Rejection at Trendline resistance
- Target Fib .681

Daily Analysis: https://www.tradingview.com/x/u61gyfUO/
- Break of short term trend line
- Daily closed below trend line (entry on retest)

Weekly Analysis: https://www.tradingview.com/x/boT97LoA/
- Price is at 100 EMA (Strong resistance)
- Trendline Resistance (Support turned resistance retest on the weekly

Result: WIN 1:1