GBPUSD: Sell Opportunity
2019-11-05 22:08:28
The daily timeframe - the market looks bearish, and the downward movement from 1.30000 resistance zone looks logical.
If we look at the 4H chart, the price broke the local uptrend line. It gives us a sell signal with the entry zone below the local swing low and the stop orders above the local swing high.
The estimated Entry Price: below 1.28655
Stop Loss: above 1.29255
Take Profit: 1.27145
Risk per trade must be no more than 1% of your capital.