GBPUSD Short Setup
Price has broken CHOC on the 1h chart signalling a switch to a downward trend.
Price is in a downtrend on the 1d chart.
Inefficiency has been left near the extreme of the 1h downward leg on the 15m chart.
3.25:1 risk to reward is enough to make this trade worth taking.
Target is a new BOS on the 1h chart.
Price is in a downtrend on the 1d chart.
Inefficiency has been left near the extreme of the 1h downward leg on the 15m chart.
3.25:1 risk to reward is enough to make this trade worth taking.
Target is a new BOS on the 1h chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.