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Trading2ez
Mar 24, 2022 8:20 AM

GBP/USD lilely to fall! Short

British Pound/U.S. DollarFXCM

Description

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Hey tradomaniacs,

GBP/USD looks like it wants to fall after the previous fakemove above the key-resistance-zone in roder to grab liquidity.

The fakeout is so far confirmed as the ex-resistance did not turn into a support-zone showing that retailers are probably getting fooled by sellers (those who buy the retracement of the breakout).

The break below the trendline is also an indication for a fall, even tho we have to be carefully due to the recent fakes below it.

Lets see what happens =)

Comment

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Comments
prime1000
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😂😂😂so true
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