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tommyf1001
Feb 17, 2020 4:27 PM

GBPUSD Long Long

British Pound/U.S. DollarFXCM

Description

Long setup on GBPUSD. Signs of reversal on indicators as price is bouncing off ascending trendline.

Comment

Looking a bit toppy on the 4hr time frame. The last 1 hr candle closed below the local trend line as well, so I'm not sure if this one is going to work out. But if we do get a bounce, it will most likely be a short-lived one:

Trade closed: stop reached

SL hit, -15 pips
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