GBPUSD | Make use of the sell opportunity
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I'm seeing a Sell opportunity here. Now price is trading near a wholesale sell area. You may make use of this opportunity. This is the 5th retesting of the supply zone. if the price gets rejected from this level again and manages to break the previous level of support, the price'll fall drastically. Please check my previous post of GBPUSD as well; where I have mentioned more about the possible downtrend.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
I'm seeing a Sell opportunity here. Now price is trading near a wholesale sell area. You may make use of this opportunity. This is the 5th retesting of the supply zone. if the price gets rejected from this level again and manages to break the previous level of support, the price'll fall drastically. Please check my previous post of GBPUSD as well; where I have mentioned more about the possible downtrend.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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.
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.