GBP/USD SELLS 16.06.21

١٦ يونيو ٢٠٢١

Looking for price to go up with the news and drive down, similar to yesterday

١٦ يونيو ٢٠٢١

ملاحظة

took a short entry at 1.4098 with a tight SL, seeing how price reacts..

١٦ يونيو ٢٠٢١

ملاحظة

The idea behind the trade was that with a news release I've experienced the price move up with expectation of good news then people take a buy thinking it'll continue to go up (i've been there) and the price drives down, stopping them out or worse holding massive drawdown..

١٦ يونيو ٢٠٢١

ملاحظة

price was coming back to my entry, took a minor win