GBPUSD Sell

4. Okt. 2023GBPUSD is moving back up toward fair market value on the 4h chart. I will be waiting for price to reach the yellow line before waiting to see if there are signs that the price is beginning to trend down. On seeing this I will short the pair for a high risk to reward ratio trade. I will post updates on this trade as it progresses throughout the day.

4. Okt. 2023

Trade ist aktiv

The pair is now starting to make lower lows and lower highs on the 1m chart so I have opened a short position with a 4.4:1 risk to reward ratio. Risking 5% of the trade and the initial target is just over a 20% return.