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masood_bakhtyar

GBPUSD 4 hrs Short opportunity; bouncing from channel resistance

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
masood_bakhtyar  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD short SELL gbpusdshort
1
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trendanalysis chartpattern waveanalysis gbpusd short sell gbpusdshort
GBPUSD is bouncing from daily channel resistance
Dowanward move in wave C of wave 4 may be starting.
Stoch 76,4,4 seems to be rebounding and crossing below 80
4 hr prices closing below EMA 13
divergence between wave 3 & 5 of wave c of wave b

Entry Point: 1.3895
SL: 1.3995
TP1: 1.37985
TP2: 1.3752
TP3: 1.371
TP4: 1.366
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