GRG1908
Short

G6 FUTURES/GBPUSD Ascending Wedge Short Setup

CME:6BM2017   BRITISH POUND FUTURES (JUN 2017)
As we can see, price created ascending wedge short setup, there is also SOT formation which informing us that buyers are getting weak.. at 12 it was a large volume on the market so it was a signal that smart money are getting off and distribution is coming.. Sell a break of bottom trendline . I am expecting price will drop to first demand level around 1.2360 or 1.23250 on forex. Good Luck
Comment: Coming to the 0.5 fib area, poc and resistance from yesterday, you can wait for a large volume on the wick as a confirmation
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