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)
BEWARE OF USD NEWS
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.
1st TP will be on the next support zone
2nd TP will be on 50% trend base fibo (optional)
BEWARE OF USD NEWS
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
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