GBPUSD - Bearish Shark checkback

A bearish shark checkback setup on GBPUSD presents a shorting opportunity for traders. Not only it gives a fantastic shorting opportunity with its amazing Reward: Risk. When news is very bullish on UK Pound and it doesn't move that much, it leaves a clue of shorting. Trade has engaged.

Handel aktiv:

SLE: 1.3415(+2)​

Trade stängt manuellt:

Manual Exit: 1.3336(+81)Manual Exit due to long shadow form within the buy zone. Wait for pullback to short the trade.