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British Pound / U.S. Dollar
Long
Updated

GBPUSD Short trade idea

64
4H:

Corrective approach towards entry zone.

= Sell limit set.

1% risk.
Note
Weekly:

Clear support & resistance zone is there.

-68 Fib has been completed.

snapshot
Note
Daily:

Market moving in ascending channel. Bulls seem to get tired.

Bearish impulse : indication.

Pattern within pattern: confirmation.
Head & shoulders, Bearish W.

Still trending up making HH's / HL's. Keep in mind.

Clear support & resistance zone is there.

Descending trend line weighing down on price.
snapshot
Order cancelled
Cancelled. USD CPI in 2 hours.
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Chart PatternsForexGBPUSDgbpusdshortnakedtradingpatternpriceactionsupplyandemandzonessupportandresistancezonestechincalanalysisTrend Analysis

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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.
Chart PatternsForexGBPUSDgbpusdshortnakedtradingpatternpriceactionsupplyandemandzonessupportandresistancezonestechincalanalysisTrend Analysis
Pipjager

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.