I'm short the Pound from here with a tight stop. If it confirms the turn, I'll add and reduce my stop loss further. If it stops me out I'll wait for 1.28 to be hit to reshort with a tight stop again.
The downside is appealing in this pair, but if we travel above 1.28 with ease, I'd change my stance and give up on shorting it for a while.
Good luck,
Ivan Labrie.
The downside is appealing in this pair, but if we travel above 1.28 with ease, I'd change my stance and give up on shorting it for a while.
Good luck,
Ivan Labrie.
Note
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🔒Want to dive deeper? Check out my paid services below🔒
linktr.ee/ivanlabrie
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.