Confirmation Rising wedge Dojis Candle 3rd Touch principle
Good for Short Entry High Probability to go down for GBPUSD
Good for short entry once i see a good rejection my fib level zone around 61.8 %
I went to short here because after the breakout of the bearish flag and I mark up the possible retracement which is I'm placing entry to go for short .
I take this long entry trade because of the trendline support and demand zone rejection .
I take this long because of the support trendline with the other confluence of demand zone in 1hr
This is good for sell opportunity because it top in to our resistance and show a weakness momentum then it breaks our trendline support as you can see, so this is beautiful retest so that I place a entry for swing short.