GBPUSD inner uptrend line broken. Looking to sell down to outer trendline.
Indicators:
1. Inner Uptrend line broken.
2. Stochastic RSI daily in sell zone
3. Engulfing Bear candlestick daily close.
Entry:
1. Price area of 1.3100.
2. Price area at 1.3140, retest of back up trend line.
TP @ 1.2920 area near outer uptrend line.
Good luck! Let me know how I can help.
Charles V
cvfxmanagement.com
Trading made simple
Indicators:
1. Inner Uptrend line broken.
2. Stochastic RSI daily in sell zone
3. Engulfing Bear candlestick daily close.
Entry:
1. Price area of 1.3100.
2. Price area at 1.3140, retest of back up trend line.
TP @ 1.2920 area near outer uptrend line.
Good luck! Let me know how I can help.
Charles V
cvfxmanagement.com
Trading made simple
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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.
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.