GBPUSD small short before big long. Trading plan for 160% return
GBPUSD is not breaking above 1.35895. I have taken a short position aiming for ~10% return and looking for price to break below 1.35441. After that, I will be expecting price to retest the 1.35895 area. If price fails again to break 1.35895 then I will expect a bigger move lower testing 1.34099. It is on this test that I will be looking to go long with 1.42419 being the target with roughly 100-150% returns.
Operación activa:
Opened short position above. Will update when closed and looking to go long.