GBPUSD Short trade idea

Jun 11

4H:

Corrective approach towards entry zone.

= Sell limit set.

1% risk.

Jun 11

Note

Weekly:

Clear support & resistance zone is there.

-68 Fib has been completed.

Jun 11

Note

Daily:

Market moving in ascending channel. Bulls seem to get tired.

Bearish impulse : indication.

Pattern within pattern: confirmation.
Head & shoulders, Bearish W.

Still trending up making HH's / HL's. Keep in mind.

Clear support & resistance zone is there.

Descending trend line weighing down on price.

Jun 12

Order cancelled

Cancelled. USD CPI in 2 hours.