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avionnieah

Swing Set Up GBPUSD Short

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
avionnieah Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Moving Averages GBPUSD downtrend swingtrade swingsetup gbpusdshort shortsetup
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trendanalysis movingaverage gbpusd downtrend swingtrade swingsetup gbpusdshort shortsetup
Looking to enter once breaks breaks and retests the 1.36 psych level to the downside

Confluences
1. Equal highs on higher time frame (4hr)
2. Price currently trading in 61.8% retracement zone for higher time frames
3. Bearish Trendline
4. Price is trading below the 200 and 50 EMAs on daily chart

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Comment:
Price continued higher Sunday and pre-London today
London session opened with a bearish engulfing candle on the 1hr chart
I entered @1.3655
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