Day swing trading idea
Gbpusd is in a downtrend and we are just following the trend
we wait for price to touch our nearest resistance to look for sell opportunities
however selling confirmations are also needed such as strong bearish candles e.g doji
in addition we are might place a sell limit @1.21681 with a stop loss or risk of
+15 pips above resistance level
and a reward of +300 pips at monthly support level
goodluck and cheers
Gbpusd is in a downtrend and we are just following the trend
we wait for price to touch our nearest resistance to look for sell opportunities
however selling confirmations are also needed such as strong bearish candles e.g doji
in addition we are might place a sell limit @1.21681 with a stop loss or risk of
+15 pips above resistance level
and a reward of +300 pips at monthly support level
goodluck and cheers