GBPUSD shows a bearish momentum on daily TF based on:
** Trade Plan**
- Dow Consecutive two LHs and LLs
- Daily Divergence
- Printed high volume bearish candle yesterday that broke previous resistance and confirms price action in bearish momentum
** Trade Plan**
- Placed Sell Stop instead CMP as possible chance-
- -price might retraced to previous resistance
- Placed TP between 50 to 61.8% Fib Level
- Placed Stop Loss at previous LH
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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.