DA-WaveTrader

GBPUSD Sell Setup

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD Sell Setup

- look for short term sell setup
- Expect DXY short term up move then high potential one more down to break the low
- look for GBPUSD sell setup from range level 1.41200
- targeting to break previous structure low towards range level 1.40600 or below
Comment:
In the trade
Comment:
Trade closed with break even
DXY refused to go higher but coming down to break low now
Not worth to risk by holding it

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.