A little rebound then it's short time!

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I'm just waiting for a little bounce back up before getting involved with shorting GBPUSD today.

Expecting quite a nice move.

I'm hoping to share more of my methodology over the coming weeks, so stick around if you're interested!

٩ أغسطس ٢٠٢٣

ملاحظة

Haven't had a bounce yet, I'm wondering if we might see a double top somewhere around 1.277 - 1.2785...if we do that could give us a great risk/reward ratio.
At this point I haven't entered the trade whilst I wait to see what the market does.

١٠ أغسطس ٢٠٢٣

تم فتح الصفقة

Trade entered.

We got our bounce, now we're expecting some downward movement toward 1.26800

I wouldn't be surprised to see a little further upward movement first, maybe around 1.2775...but this is a good enough entry point for my plan.

١٠ أغسطس ٢٠٢٣

ملاحظة

US news took out stop loss, but price failed to breach the upper zone of support so I've re-entered the trade at 1.27744 with the same target.
New stop loss is around 1.282

١٠ أغسطس ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

Bit of a wobbly journey but that's just the markets. Target reached.