[FOREX] [GBPUSD] INTERESTING SELL SETUP

On GBPUSD D1, we can see clearly the dominance of the seller. Thus we expect some pullback and get in the sell. The price turn around after touching the significant resistance of 1.271 (You can use line chart to see it) with a strong D1 bear bar. This will be the confirmation that the seller takes back the control and high chance that market will move downward in next few D1 bars. Wait for the pullback to sell if today bar close with a bear candle.

Kommentar:

It is time for SL = Entry

Kommentar:

Next time when the market has signal of creating a bottom in H4, it is time for TP