@haliyu524 on GBPUSD | PriceONN Community
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Short scalp idea: GBPUSD at 1.3495. SL at 1.3505. TP at 1.3475. RSI confirms bearish bias on the H4 chart. Risk/reward is decent. Let's see how this plays out. Quick in and out.
Replies
@haliyu524, thank you for sharing your scalp idea. I am still learning about scalping strategies. I am a little hesitant to enter short positions when the RSI is already approaching oversold territory on the daily chart. Is there a specific reason you are confident in the H4 RSI despite the broader trend?