GBPUSD - Bearish magnet trade after retest - POT BAT completion
GBPUSD - Bearish magnet trade - POT BAT
Back from holidays :(
Looking to short the GU again after pullback with still a bearish Bias as my current GBP trades over the past month and so.
Resistance at B point broken through down and failed retest
In same area we have broken the uptrend TL and retested at resistance
B-D magnet trade with potential to 1.248++ *AB=CD here and would end the trade waiting for a bullish move.
Back from holidays :(
Looking to short the GU again after pullback with still a bearish Bias as my current GBP trades over the past month and so.
Resistance at B point broken through down and failed retest
In same area we have broken the uptrend TL and retested at resistance
B-D magnet trade with potential to 1.248++ *AB=CD here and would end the trade waiting for a bullish move.
Note
Breaking down the 1HR smaller Bat completing in Sell zone for longer Move.I have purchased half now and half at completion.
If the Bat does not eventuate a sell stop will be in place further past my initial Sell.
Note
Beautiful pin bar off TL, downwards we goTrade closed: stop reached
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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.