SHORT trade analysis on GBPUSD.
Graph is looking bearish from upper trendline to support zone and then decide where it will go. Price already made Bearish Engulfing Candle and confirmed Triple Top on smaller timeframe. On last Lower Highs is Hidden Bearish Divergence as well, which confirms another drop. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Graph is looking bearish from upper trendline to support zone and then decide where it will go. Price already made Bearish Engulfing Candle and confirmed Triple Top on smaller timeframe. On last Lower Highs is Hidden Bearish Divergence as well, which confirms another drop. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
