GBPUSD short idea
Price is making a double top pattern on 2H/4H timeframes (also on daily but less clear).
So we have 2 bounces on 1.36 major level (good resistance area).
Price also made a lower high indicating change in market structure.
I placed a trade on the top of the lowerhigh.
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So we have 2 bounces on 1.36 major level (good resistance area).
Price also made a lower high indicating change in market structure.
I placed a trade on the top of the lowerhigh.
Like and subscribe for more!
Note
Trade active
Note
Price is doing the expectedNote
Price made another lower high, bears rally confirmed.Note
Triple top on 15 minutes. i expect another push to the downside
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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.