Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
GBPUSD: Classic Bearish Setup 🇬🇧🇺🇸
British Pound / U.S. Dollar
Short
GBPUSD: Classic Bearish Setup 🇬🇧🇺🇸
By VasilyTrader
Follow
Follow
Updated
Jul 29, 2022
2
8
10
10
Jul 28, 2022
GBPUSD is trading in a rising wedge pattern on 4H.
The price reached its resistance yesterday.
Analyzing the reaction of the price to that on 1H time frame, I spotted a triple top formation
and a confirmed neckline breakout.
I believe that the pair will drop now.
Goals: 1.20915 / 1.2045
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Jul 29, 2022
Note
Check my new idea on USDCAD:
GBPUSD
Multiple Time Frame Analysis
Parallel Channel
priceaction
priceactionanalysis
priceactionstrategy
priceactiontrading
DJ FXCM Index
Wedge
VasilyTrader
Follow
✅Join My Telegram Channel:
t.me/VasilyTrading
❗️YouTube Channel
youtube.com/c/VasilyTrader
💰Instagram:
instagram.com/VasilyTrader/
💰
✅Facebook:
facebook.com/VasilyTrading/
✅
Also on:
Related publications
MarketBreakdown | EURGBP, WTI Crude Oil, EURAUD, AUDNZD
by VasilyTrader
BITCOIN (BTCUSD): Very Bullish Setup ₿
by VasilyTrader
GOLD (XAUUSD): Key Structure Ahead! Important Update 🥇
by VasilyTrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.