Get started
The808Trader

The Pound to take a Pounding? Ichimoku GBP/USD Short Trade Idea

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
The808Trader  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD cable Bearish Patterns ichimokukinkohyo ichimokuforex ichimokuchart ichimmoku the808trader
1
0
trendanalysis chartpattern indicator gbpusd cable bearish ichimokukinkohyo ichimokuforex ichimokuchart ichimmoku the808trader
Similar to the EUR, we've been in a downward spiral with this pair and I'm looking for that trend to continue. I am looking for this trend to continue with a sell entry after the break of support I've drawn out. I've also drawn out some possible TP levels I'll be aiming for. This trade setup may become invalidated if our bearish confirmation end.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.