GBP/USD Short Trade - 24th March 2020

GBP/USD :


GBP/USD
GBP/USD 
GBP/USD has faced Resistance at 1.16500. It has made the Head and Shoulder type of pattern.
Our bias on Sell-side with strict Money Management :

Sell GBP/USD

CMP @1.16150
SL 1.18272
TP : Half @ 1.15300
Half Run the profit with trailing SL

How to Calculate Lot Size :

If your fund 10000 USD,

Per trade Loss = 2% of 10000 USD
= 200 USD

You position base on 2% loss of your fund.



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