FullTimeTrader

GBPUSD-bearish hole next week

Short
FX:GBPUSD   British Pound / U.S. Dollar
31
Hello, im using here the same setup i used before on other GBP pairs : convergence-divergence together with other reasons:

- AB=CD pattern (pink line)
- 0.61 fib retracement
- convergence on AO
- price retesting the broken trendline
- strong structure as resistance

On H4 chart.

- another AB=CD pattern
- Divergence


The SL is not so good, i was busy last friday managing other opened trades.

Regards

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