#GBPUSD: Bear Momentum Apparent, Take Profit And Wait #Forex

By TomProTrader
Traders,

Bearish kicker signal open today showing a clear negation of the bull power seen last week. The gap down was a clear signal to take instant profits. Could also signal a short position, could close as an evening star, or equally likely break sideways resistance turned support and break down again below the trend line, offering good short opportunity. Keep an eye on this one.

I hope you have a tested trading strategy to trade this move

Thanks for your support

Related publications

Disclaimer