GBPUSD - Bearish Shark short at 1.2270
Hey traders, we have an opportunity to short GBPUSD next week.
On H4 , we are shorting near the extreme high of the ED channel.
On H1, we see a bearish shark completion around that level.
Also, we the level I am looking to short just happens to be at last week's high.
With all these factors in place, I want to monitor the zone between 1.2260 - 1.2270 for a potential short.
I will not use a pending order and I will be looking out for the 2 criterias below to happen before going short.
1. RSI divergence at PRZ
2. Candlestick reversal in in zone
Will keep you guys posted when it reaches my zone.
Already set an alert on tradingview to update me when it happens.
On H4 , we are shorting near the extreme high of the ED channel.
On H1, we see a bearish shark completion around that level.
Also, we the level I am looking to short just happens to be at last week's high.
With all these factors in place, I want to monitor the zone between 1.2260 - 1.2270 for a potential short.
I will not use a pending order and I will be looking out for the 2 criterias below to happen before going short.
1. RSI divergence at PRZ
2. Candlestick reversal in in zone
Will keep you guys posted when it reaches my zone.
Already set an alert on tradingview to update me when it happens.
Сделка активна:
Just went in on a retest of 1.2270.
SL at 1.2320
TP at 1.2160
Good luck guys.
SL at 1.2320
TP at 1.2160
Good luck guys.
Сделка закрыта: достигнута стоп-лосс цена:
Got stopped out on this, -50 pips.