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GBPUSD short idea
British Pound / U.S. Dollar
Short
GBPUSD short idea
By marcomihaicondrache
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Updated
Dec 28, 2020
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7
Dec 28, 2020
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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Dec 28, 2020
Note
Dec 28, 2020
Trade active
Dec 28, 2020
Note
Price is doing the expected
Dec 28, 2020
Note
Price made another lower high, bears rally confirmed.
Dec 29, 2020
Note
Triple top on 15 minutes. i expect another push to the downside
Beyond Technical Analysis
cable
cableshort
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Technical Indicators
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shortsetup
marcomihaicondrache
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