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PATOJAPE

GBPUSD sell set up

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
PATOJAPE  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators sellsetup macddivergence
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trendanalysis chartpattern indicator sellsetup macddivergence
The price has broken the trendline and we are waiting for it to close below the first fibo level of .236. Once it closes it is a good opportunity to sell but to have another confirmation of the bearish trend you could wait to close below the support zone.
There is MACD divergence with RSI divergence as well.

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