GBPUSD H4 Short opportunity by Jforex

Updated
Price reaches significant Resistant(Previous support in Dow theory)
1st TP will be on the next support zone
2nd TP will be on 50% trend base fibo (optional)
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However, on the technical side still represent a strong bearish trend.

Winrate 60-70% if there is no fundamental factors come to play

Trade at your own risks.
Trade closed: stop reached
Price piercing to stoploss and leave a wick
Chart PatternsTrend Analysis

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