GBPUSD - Bear Play

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Hi everyone

We currently entering into a strong sellzone for Cable. Protective stops noted in the blue shaded area

Based on the 4hr movement - showed us strong bullish momentum. We had a market structure shift to the downside but stops are being targeted and raided.

strong believe price will start reaching for lower areas now - BEAR power

Target area
- 1.21790
- 1.21130

Stops
- 1.23100

I will update on this as the week plays out

Stay safe
Trade geschlossen: Stop wurde erreicht
i was wrong here. Got stopped out.

we will learn and move on
Bearish PatternsBeyond Technical AnalysiscableChart PatternsGBPUSDsellsetupTrend AnalysisUK

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