SMCWolfFX

08/09/22 - GU - Sell Results

Short
FX:GBPUSD   British Pound / U.S. Dollar
Hi, hope everyone is having an amazing week. As per my lunch time analysis shared earlier today (linked to this publication), our trade for shorts was executed and our profit target was hit during the London Killzone hours. As always trade setup logic summarised below:

- Asian high liquidity was taken during UK lunchtime hours trading into our order block point of interest along with trading above the central bankers dealers range (CBDR).
- We executed our shorts entry, keeping our stop loss just above the 15M OB High.
- Price took no time and aggressively traded down taking out temporary lows where sell side liquidity would have acted as a magnet and assisting price to reach my target profit level at a 5m breaker block.

The result on this short setup was 1:3rr @ +86 pips.

I am done for the day and also week, i'll be back with more analysis from week commencing 19th September as I take a well deserved holiday.

Safe trading everyone.

Aman


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