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TheSignalyst
Dec 25, 2020 9:15 PM

GBPUSD Sell Setup! Short

British Pound/U.S. DollarFXCM

Description

Hello everyone, if you like the idea, do not forget to support with a like and follow.

on DAILY: GBPUSD is sitting around strong resistance in green so we will be looking for sell setups on lower timeframes.

on M30: GBPUSD is forming a wedge pattern in red so we are waiting for a new/third swing to form around it to consider it objective/valid.

Trigger: Waiting for a momentum candle close below the gray area to sell.

and until the sell is activated, this one would be overall bullish and can still dive inside the green zone (till 1.36500).

As price approaches our lower blue support, we will be looking for buy setups.

Good luck!
Comments
Mark_Ryden
Best of luck
TheSignalyst
@Mark_Ryden thank you Mark
lollobchara1
Pro as Usual !
TheSignalyst
@lollobchara1, your support is amazing, thank you!
ahmadawada
Nice one 👍
TheSignalyst
@ahmadawada, thank you so much!
bestun
😶
TheSignalyst
@bestun good luck 😁
Babenski
rising wedge spotted
TheSignalyst
@Amr_999209, right :D let's see how it goes!
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