Possible SHORT opportunity GBPUSD

21 mag 2020

Possible short on this pair. Here's why...

• Bearish 200-EMA
  
• Bearish divergence in this trading period
  
• MFI is recording lower high's signaling a reversal
  
• counter-trend is broken
  

I would take a small position before sizing into it any further. Just to see what it does. Let's keep watch on this.

22 mag 2020

Trade chiuso: obiettivo raggiunto

I'm out of this trade, what a blast. I sized into two total positions.

-My first position I entered in at 1.22187 and out at 1.21760 for 42.7 pips
-My 2nd position I was in at 1.22063 and out at 1.21760 for 30.3 pips

I manually exited this trade, I didn't feel like holding it over the weekend, and I'm just fine with banking over 70 pips! on to the next one.