@ashleythomas63 on GBPUSD | PriceONN Community

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ashleythomas63
ashleythomas63 PRO newbie
GBPUSD Mar 12
Okay, I went short on GBPUSD earlier around 1.3380. It's moving nicely, so I just moved my stop loss to breakeven + a few pips. Free trade now! Let's see if it keeps dropping towards S1. NFA, just sharing my moves.
GBPUSD

Replies (1)

O
ojones619 PRO newbie Mar 16
@ashleythomas63 Nice play on the short! Moving to breakeven is smart, takes the pressure off. I'm watching this pair too, but from the other side. Seeing some bullish divergence on the H4 RSI, and it’s holding above the 50 SMA. I'm thinking of scaling into a long position if it can break cleanly above the R1 pivot. Maybe add more if it holds that 1.33 support, playing for a potential reversal. The market's choppy though, might just be a dead cat bounce for your short. Gotta watch out for any inducement traps below. Good luck with your trade, hope it hits your target!
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