GBPUSD : SHORT TERM DOWNTREND MAY BEGIN
The price breaks the upward trendline, so i am interested in selling high.The first price level to consider of course is FIBO 0.618 (if 1.31321 is broken when market open in monday then this idea will be violated)
TRADE IDEA :
SELL AT NEAR 1.33474
SL : 1.34100 OR ABOVE THE REVERSAL POINT
TP 1 : 1.31070
TP 2 : 1.28664
TRADE IDEA :
SELL AT NEAR 1.33474
SL : 1.34100 OR ABOVE THE REVERSAL POINT
TP 1 : 1.31070
TP 2 : 1.28664
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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.