Hi guys.
For GBPUSD, the price might retest the resistance area one more time before dropping to the support area.
Another scenario:
Our 1st sell position might be failed and break the resistance area, my next entry will be at the upper supply zone.
On the h4 chart, I expect the price will retrace up a little bit after the support has been broken.
Such a nice supply base + bearish engulfing near the support area.
My sell entry will be at the Bearish Engulfing wick and my take profit will be at the next support as the new lower low in the making.
