Hello friends, nice to see we won a lot of pips with GBP/USD… but I’m here to win 10$ again 
Chart: daily
long or short: short
entry point: market (around 1.3150)
stop loss: 1.3250
take profit: 1.3040
Reward-to-risk ratio: probably 1,1 : 1
Risk percentage: 1%
Indicators used: stochastic, a simple downtrend line and a simple support
Trade rationale: The stochastic indicator is still facing down, there is a downtrend and the main support is 1.3010 - 1.3040 area. I opened a short position time ago, but I think there is a chance that the pair may drop till the support.
Trade adjustments: We won’t open the position if the couple open below 1.3100 because of a bad reward-to-risk ratio.
Hope to see another great week, see you guys