Sterlina / DollaroShort
A SELL TRADE 200+ PIPS ON GBPUSD
STRATEGY AND RISK MANAGEMENT With application of trend line as seen above, i made sure to caption the trend on a daily view , then switch to 4H and added more trend line and support close to current price for evaluation on when to take off, Sell decision was taken after observing the market of GBPUSD ranges and approaching support where i mark as TP1 and TP2..
[TO ENTER TRADE/b]
* Switch to M15 or M30 when at resistance area, wait for a trend reversal signal, probably an M-Formation forming on M5
* Don't sell at start of a new candle, sell after any M15 or M30 exhaust half it's time
[TO ENTER TRADE/b]
* Switch to M15 or M30 when at resistance area, wait for a trend reversal signal, probably an M-Formation forming on M5
* Don't sell at start of a new candle, sell after any M15 or M30 exhaust half it's time
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