GBPUSD - Short - TradingStrategy
Bearish Indications
1. Lower Highs and Lower lows
2. Inverted Cup and Handle Pattern - Breakout
3. Tested the trendline - not broken
4. No Divergence
Bullish Indications
1. Support at 1.3194
2. Bullish AB=CD will complete at 1.3132
3. Falling Wedge at around 1.3000
Plan A : Sell
Sell at 1.3277
SL: 1.3350
TP1: 1.3200
TP2: 1.3133
TP3: 1.2920
Plan B: Buy
Buy above 1.3353
SL: 1.3264
TP1: 1.3425
TP2: 1.3500
Biased : Short
1. Lower Highs and Lower lows
2. Inverted Cup and Handle Pattern - Breakout
3. Tested the trendline - not broken
4. No Divergence
Bullish Indications
1. Support at 1.3194
2. Bullish AB=CD will complete at 1.3132
3. Falling Wedge at around 1.3000
Plan A : Sell
Sell at 1.3277
SL: 1.3350
TP1: 1.3200
TP2: 1.3133
TP3: 1.2920
Plan B: Buy
Buy above 1.3353
SL: 1.3264
TP1: 1.3425
TP2: 1.3500
Biased : Short
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