Darius17
Short

GBPUSD short - Supply Demand - H&S - BOOM

FX:GBPUSD   British Pound / U.S. Dollar
Hello Traders!

Quick Update on GU. Yeah it is moving down. I marked the Trend Channel and we are in a Down Trend. The corrective move is over and we can expect a nice drop on GU. Do not buy it. Just look to add shorts at new Supply Zone and simply trade GU to the downside.

Watch the video of my GJ Analysis. GU is very similar. You can adapt the overall structure explanation why I see GU dropping.

Head and Shoulder
I also mentioned this pattern in the past as an additional Confirmation to short it.


That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.
Comment:
https://t.me/DariusandStiboFX
The most powerful trading platform:
- Crypto, forex, and indicies up to 500x leverage
- Over 200 instruments
- In September, chance to win $500 each week by trading your favorite assets
TRY NOW: https://simplefx.com/n/_19385

Comments

very good . we gbpusd at 1.8000
Reply
Darius17 ForexLearnPro
@ForexLearnPro, thank you very much
Reply
Hi, I unfortunately bought in Pulbek. Should I cancel the purchases for Monday or should I sell them by keeping them? Thank you.
Reply
Darius17 ehsan57
@ehsan57, short bro
Reply
Very helpful! Thanks a lot!
What do you think about my analysis:
Reply
Darius17 VasilyPonomarev
@VasilyPonomarev, great analysis. thanks for sharing and thank you for your feedback
Reply
Do you expect much of a pull back next week, for example to the 1.218 or 1.22 level? I missed entry and am deciding whether to short now to 1.19 or wait for it to retrace to 1.22
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out