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GBPUSD Final confirmation before the next sell
British Pound / U.S. Dollar
Short
GBPUSD Final confirmation before the next sell
By jojofang0901
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Updated
Sep 20, 2020
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Sep 20, 2020
Hello everyone:
GBPUSD still on my watchlist this week for the bearish continuation move.
We see price already impulse down from the top, and formed many LTF corrections to push price lower.
After such strong impulse, naturally the price needs to form deeper correctional structure before the next push.
I have been patiently waiting for this correction to develop.
We can expect either one last push to the up side, before the reversal drop, or a strong breakout then LTF correction to follow the short.
See what price will do in the bottom of the HTF channel structure, and re-evaluate the position.
Thank you
Sep 20, 2020
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HTF:
Sep 22, 2020
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Parallel Channel
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priceaction
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Wedge
jojofang0901
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