GBPUSD Breaks the Channel

Hi All!

My previous analysis shows that the price already breakup the channel.

Will look for SELL again. The Bearish Engulfing candlestick can be seen. A lot more clear in D1 chart. Sending signal to us that there most likely to be a trend changes.

Looking for a retrace before entering SELL Position.

Thanks for reading.

Hope you can share your view on this too with me!

Regards,
NINJA WAVE FX

Trade active:

SELL EXECUTED

PRICE: 1.24800
STOP LOSS SET AT: 1.25350
TAKE PROFIT SET AT: 1.2400

Comment:

Move accordingly. High hope to smash the TP. :)

Trade closed: stop reached