GBPUSD
It is crucial that you have a plan for both long and short positions.
If a significant breakout candle shows up through the trendline, then the profit zones are signed. The profit zone of the long direction is calculated by the Fibo retracement while the profit zone of the short direction is an untested breakout point from October.
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Good short signal was received from yesterday as the 4-hour candle closed on 14h. There were also reliable signal on the 15-min and 1-hour chart.
Having opened the short trade, the next task is the management of the position.
At the moment there is no signal to leave the market.
Having opened the short trade, the next task is the management of the position.
At the moment there is no signal to leave the market.