ENTRY 1.4300 is an un-tested 1H supply zone outside of the range. Will be doing a set and forget limit order. Price will need to have a strong move into the zone.
STOP 1.4325 is 25 PIPs right outside of the high for some protection. When I trade GBP I usually have a wider stop but will position size accordingly.
TARGET 1.3900 is 400 PIPs down in a daily demand area with several 4H demand zone nested. Price will struggle to break the first test.
Nota
** Correction ** GBPUSD : SELL
Nota
Trade idea is still valid price has not come close yet.
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