SwingingPrime

Update on GBPUSD Outlook post: possible setups for GBPUSD sell.

Short
FX:GBPUSD   British Pound / U.S. Dollar
If price rejects the upper level or closes below the level, that might be the signal to start prepping for a short on GBPUSD , even further break below the lower levels would see price likely falling to the 50% retracement . A good trader would not follow the price. Let the 'setup' come to you.
Please share your thoughts.

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Comment: waiting on price to form the double tops now. Then trade will be active.
Trade active: I am in.
Comment: Price met my Criteria with a double top
Comment: There might be another opportunity for those who want to enter this trade ar 1.24653. Remember to set SL above the last spike before this Swing high
Comment: Still holding on this trade
Trade closed manually: I am closing this trade. Price structure is changing. will look for a better entry
Comment: Would set a sell stop below the wick of this candle