J105012

Zone box breakout.

Short
FX:GBPUSD   British Pound / U.S. Dollar
Price hovering at a zone for a while and keeps bouncing from support to resistance. It then forms a small downtrend strcture within and when it reaches support it starts to hover there instead of bouncing up. 2 small bullish candles indicate that price may fall, so I shorted the market with my TP 10 pips above a major zone.
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.