Hello Everyone!
How are you all?
GbpUsd is shaping up very nicely for a sell reversal that we can capitalize on.
So, I will be looking for a sell reversal because of the following reasons:
1. Sell Expanding Structure
2. The price is approaching the value area correctively
Plan
VA: 1.22248
If the price come to the VA, and makes a sell impulse followed by a 15mins flag with two highs and lows.
Entry: I will look for a risk sell entry within the flag or a reduced risk entry on the breakout of the flag.
How are you all?
GbpUsd is shaping up very nicely for a sell reversal that we can capitalize on.
So, I will be looking for a sell reversal because of the following reasons:
1. Sell Expanding Structure
2. The price is approaching the value area correctively
Plan
VA: 1.22248
If the price come to the VA, and makes a sell impulse followed by a 15mins flag with two highs and lows.
Entry: I will look for a risk sell entry within the flag or a reduced risk entry on the breakout of the flag.
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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.
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.