GBPUSD 4 hrs Short opportunity; bouncing from channel resistance
GBPUSD is bouncing from daily channel resistance
Dowanward move in wave C of wave 4 may be starting.
Stoch 76,4,4 seems to be rebounding and crossing below 80
4 hr prices closing below EMA 13
divergence between wave 3 & 5 of wave c of wave b
Entry Point: 1.3895
SL: 1.3995
TP1: 1.37985
TP2: 1.3752
TP3: 1.371
TP4: 1.366
Dowanward move in wave C of wave 4 may be starting.
Stoch 76,4,4 seems to be rebounding and crossing below 80
4 hr prices closing below EMA 13
divergence between wave 3 & 5 of wave c of wave b
Entry Point: 1.3895
SL: 1.3995
TP1: 1.37985
TP2: 1.3752
TP3: 1.371
TP4: 1.366
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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.