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AnabelSignals
Oct 10, 2023 2:32 PM

GBPUSD Buyers In Panic! SELL! Short

British Pound/U.S. DollarFXCM

Description



My dear followers,
I analysed this chart on GBPUSD and concluded the following:
The market is trading on 1.2262 pivot level.
Bias - Bearish

Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.2163
Safe Stop Loss - 1.2313

About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
Comments
UnitedSignals
Good market breakdown!
AnabelSignals
What is your opinion on this pair, Friends?
MyCryptoParadise_Nathan
Your in-depth analysis helps me understand market dynamics better. Thanks for your contributions.
ProSignalsFx
I am flattered!
LegionQ8
Very possible scenario, I agree with your opinion
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