GBPUSD Miss the Sell ? More Sell Entries available
Updated
Hi traders:
We have seen the USD getting strength across the board, and certainly GBPUSD is one of them to watch out for further downside potential.
We can see price has already been falling since the double tops, breaking down from the LTF ascending channel
Now the price is on verge to breakout of the HTF channel, good sign for further bearish continuations.
What I would be waiting for is a confirm breakout, follow by lower time frame continuation correction.
Look for first potential TP to the previous low, and if price continue further, watch for scale in opportunities for this bearish impulse run.
thank you
Note
Note
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.