MichaelBullsFX
Short

GBP/USD Sell signal identified at important supply level

FX:GBPUSD   British Pound / U.S. Dollar
Great british pound in a sellers market indicates Sell opportunity at important supply price zone around 1.30649. Price may rebounce for a buy signal at Significant demand zone of 1.29451.
Comment: -Taken profits already as price hits 1.30151 However this
indicates a short term Buy signal as price approaches demand zone
hence price is expected to continue in bearish state until it hits very significant demand zone of 1.29883
-The bearish continuation idea has been confirmed as the market struggled to cross above supply level by making new Lower lows and higher lows
-Entry position should be in your daily or H4 timeframe

Comments

I have posted same kind of idea as GBPUSD making bearish Harmonic Pattern on H1 and H4.

Guys please like my post and follow me.
Reply
@ANKTRADER, will do
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