GBPUSD short
Updated
Most likely going to push up one more time and retest the structure maybe forming a H&S pattern before dropping. If it continues to drop i am going to wait till it forms some other sort of structure on the smaller TF for a continuation of the trend.
Comment
went back in the trend after the first initial breakout but then on the second breakout we have dropped over 200 pips and still looking like we got more momentum for the downside. right now we are at a pull back/ retracement retesting an area of significance and mabey a good point to add another entry if you are already in the trade.Trade active
close to our tp targetDisclaimer
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.