Continued GBP Weakness? - Ichimoku GBP/USD Short Trade Setup
This is the same setup from a week ago, but I am continuing to look for more entries as we try to break down price structure support. I entered off the setup last week but I will be locking in some profit if we continue to fall and continue to take additional small positions if it progresses down. I would issue a word of caution as we approach fractal levels and the flat kumo level to the left of price as those levels are typically tough to break through. If we fail to break that price structure or maintain this trend below the kumo, this setup may become invalidated.
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