samwishrn

GBP/USD Short

Short
FX:GBPUSD   Sterlina / Dollaro
Price expanded up on the 4HR TF Bankers Candle and is currently in pullback (Flagging back), using that HTF Bias i identified the 1HR BC and IPA (IMBALANCE). This 1HR BC has been tagged and i look for double mitigation (to lesson). This BC also aligns with my FIB and take profit levels. I have placed a SELL LIMIT on this at 1% risk. Currently RR is 1:12 so that would be a 12% growth on my account for the week. My trade plan is to stick to the 1HR/4HR and Daily.

Thoughts?

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