GBP/USD Bearish IDEA ***1000 iQ****
Price broke monthly descending channel (waiting for retest)
Price is trading around a monthly Bearish fib.
Head and shoulders forming on H4
Fib Short from H1 to the complete right shoulder, into a fib long.
If the fib long cant break new highs on the H1 then i will expect price to push lower to re-test the Descending monthly channel
my entry is the fib short on the H1 time frame
Price is trading around a monthly Bearish fib.
Head and shoulders forming on H4
Fib Short from H1 to the complete right shoulder, into a fib long.
If the fib long cant break new highs on the H1 then i will expect price to push lower to re-test the Descending monthly channel
my entry is the fib short on the H1 time frame
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