GBPUSD Please be patient. Short

British Pound/U.S. DollarFXCM

Description

⋅ Dec 6, 2022 3:48 AM

Price is fluctuating above the trendline, I am waiting for a downside break from the trendline to decide my action. Please be patient.

Comments

InvestMate

⋅ Dec 6, 2022 8:39 PM

I expect the downward movement to continue

GDLongVN

⋅ Dec 11, 2022 12:59 AM

@InvestMate, Thank you for sharing your ideas with me.

Rockqet

⋅ Dec 6, 2022 4:08 AM

Thank you for your contribution! I agree with your bearish bias; on H4, I'm looking for a sell entry and a take profit at 1.19008, where the previous low and 78.6% Fibonacci line is. Please see my analysis at:

GDLongVN

⋅ Dec 6, 2022 4:11 AM

@desmondlzw, ok