GBPUSD 2 Short Entries 1H

١٧ سبتمبر ٢٠٢٠

I reckon PA will either:

1. Rise to the key level of 1.3 before returning back down to take profit level.
2. Not make it that high, come back down and break past the two strong resistances for a strong sell entry

Will update as things go on, should have an entry today that ends today.

١٧ سبتمبر ٢٠٢٠

ملاحظة

Going according to plan so far, I entered just below 1.3 and caught a nice amount of pips, re entered 1.2880 short.

BOE release news that they ae going to maintain what they've been doing which is 0.1 bank rate and quantitative easing which means there was not catalyst to strengthen the pound so the news worked in favour with my analysis.

١٨ سبتمبر ٢٠٢٠

ملاحظة

Still holidng onto my trade my stop loss is just past the 1.3 key level

٢١ سبتمبر ٢٠٢٠

ملاحظة

Trade finally broke below the support level and is heading towards my predicted take profit

٨ ديسمبر ٢٠٢٠

أغلقت الصفقة: تم الوصول للهدف

Successfully hit target.