GBPUSD: Trend Line Retest Trading Plan
GBPUSD broke a strong rising trend line on 4H yesterday.
Now we see its retest.
On 1H chart the price has formed a double top formation with a lower high.
1.365 is its support. Wait for an hourly candle close below that, then sell aggressively or on a retest.
Goals:
1.3615
1.358
In case if we see a new higher high on hourly, the setup will be invalid.
Note
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Trade closed: target reached
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✅Join My Telegram Channel: t.me/VasilyTrading
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💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
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✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
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.