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GBPUSD H4: SHORT IT! +300 pips TP BEARS. SHORT/HOLD(NEW)

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD H4: SHORT IT! +300 pips TP BEARS. SHORT/HOLD(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: GBPUSD 4hour/candle chart review
::: XABCD setup in progress
::: RESHORT IT from overhead
::: TP bears is +300 pips
::: final TP is 3400
::: shorting is higher risk near C
::: lower risk trade later
::: near C/PRZ at 3400
::: expecting more losses next 3-9 days
::: recommend to SHORT IT HOLD IT
::: BEARS exit at 3400
::: higher risk strategy:
::: WAIT for price to MAX OUT
::: highe 3700/3740 and short it
::: and short after breakdown
::: of the dashed line on chart
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: TP BEARS is 3400 +400 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 3400 fresh demand zone
::: N/A fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS
Comment:
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