[GBPUSD] BEARISH SETUP with tight stop

Good morning Traders,
The pair reached our key level (see chart below) around 1.3208 and subsequently triggered a bearish leg that could reach 1.3065 area (BEARISH TARGET 1). That said, if you took a short position, keep it and move stop to breakeven, if you want to try to take a short position, it could be interesting to sell the pair around 1.3150 with a stop loss above 1.3177.

MONEY MANAGEMENT: No good setup to T1 => R/R < 1:3 (use reduce size)

OUR WAVE ANALYSIS
(Click and Play on chart)

If you think this analysis can be useful and you want to receive new updates about this idea, click on STAR & LIKE button!
Thank you for support and trade with care!

Komentar:

Our setup is working correctly but has not yet reached our TARGET 1, this being said, if we see resistance breakout at 1.3123, we will close 50% our short position, and stop to breakeven for the rest of the position.

Trading ditutup: target tercapai:

...Thank you for your "Like" and support!!

Trading ditutup: target tercapai: