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LDForex_
May 11, 2020 11:34 PM

GBPUSD- Bearish Flag Pattern Short

British Pound/U.S. DollarFXCM

Description

-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!
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