GBPUSD Look for sell from the top now
Hello traders:
GBPUSD is shaping up to be a very good sell potential.
From the higher time frame, we see the potential double tops, and price has been slowing down.
Latest price action has a small ascending type of channel structure, can be the first sign of reversal price action.
I would like to see price broke out from it, and a lower time frame push down to indicate the bearish momentum has begun.
Then, look for the continuation correction to take it short.
Thank you
GBPUSD is shaping up to be a very good sell potential.
From the higher time frame, we see the potential double tops, and price has been slowing down.
Latest price action has a small ascending type of channel structure, can be the first sign of reversal price action.
I would like to see price broke out from it, and a lower time frame push down to indicate the bearish momentum has begun.
Then, look for the continuation correction to take it short.
Thank you
Note
higher time frame:
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Related publications
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.