GBPUSD Short traders looking profitable upto 1.24 {16/08/2023}
Educational Analysis says GBPUSD may go Short according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why Short?
Because GBPUSD Short traders have already broken the 4-hour Upward Bottom trendline and now Top Downward trendline is being respected.
Although this pair has proved that, It's Changing its character and Also Sellers proved that the Market structure shifted and eventually lead to a Break of Structure.
Analytical Trade would probably be
Sell limit order at 1.27625
Stop loss at 1.27878
Take profit at 1.24462
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why Short?
Because GBPUSD Short traders have already broken the 4-hour Upward Bottom trendline and now Top Downward trendline is being respected.
Although this pair has proved that, It's Changing its character and Also Sellers proved that the Market structure shifted and eventually lead to a Break of Structure.
Analytical Trade would probably be
Sell limit order at 1.27625
Stop loss at 1.27878
Take profit at 1.24462
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Сделка активна
Сделка закрыта: достигнута стоп-лосс цена:
We enter with a new entry of stop loss and take profit.
Сделка активна:
Running 700 pips profit :-)
Сделка активна:
Running 1859 pips in profit :-)
Сделка закрыта: достигнута тейк-профит цена