GBPUSD Sell: Weekly, Daily & 4hr

GBPUSD Short Thesis
- On the weekly price has rejected off 1.3200 monthly for a 4th week with last week candle closing as a bearish engulfing.

- Double top on the weekly timeframe from here I do see price reaching monthly support 1.2800.

- After making new low at 1.2960 price has now pulled back to 1.3268 & 0.79 Fibonacci level.

- If this 1.3268 holds will look to add short positions for a big sell down to 1.2873 for new bearish leg.

Trade ist aktiv

Kommentar:

not active please do not sell yet

Kommentar:

wait for hourly close

Kommentar:

when trade gets to half way always secure 70% of your profits

Trade geschlossen: Stop wurde erreicht:

Stopped out at break even!!