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LDForex_

GBPUSD- Bearish Flag Pattern

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
LDForex_ Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis GBPUSD gbpusdshort swingtrading sellsignal Bearish Flag topdownanalysis Technical Analysis
4
0
trendanalysis chartpattern beyondta gbpusd gbpusdshort swingtrading sellsignal bearishflag topdownanalysis technicalanalysis
-Looking to short this pair on the reversal of the 61.8% fib level which is also in confluence with the supply zone.
-Price is also below the EMA which indicates bearish signals.
-Top down analysis from the weekly and daily show a bearish trend.
-Very good opportunity to go short of this pair.
-Lets's see what happens during the week!
Trade closed: target reached:
This was a really good trade where the risk to reward ratio was 1:11!
Believe in your analysis and never give up!
snapshot
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