cvfxwealth

GBPUSD Sell Opportunity 900 Pips

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD at a strong pivot point historically. Looking at a sell opportunity once we have confirmations.

Indicators:
1. Downwards weekly trendline
2. Weekly RSI in strong sell zone
3. Weekly candlestick has closed under Down trendline

Entry:
1. Aggressive trade @ current price of 1.3073 with short stop loss.
2. Wait for large bear candle on daily to sell down. (current POV )

TP 1: Shorterm: Next support @ 1.2829 area
TP 2: Long term: Large support @ 1.2116 area

Good luck trading!
Let me know how I can help.

Charles V
http://www.cvfxmanagement.com
@cvfxwealth
Trading made simple

Comments

a very Perspecrive Analysis Thanks
Reply
cvfxwealth ghaniqureshi189
@ghaniqureshi189, You're welcome, friend. Let me know if there are any questions you may have.
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