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jojofang0901

GBPUSD Look for Sell confirmation correction

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
jojofang0901 Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Chart Patterns Double Top or Bottom Parallel Channel priceaction structure pattern impulse correction FLAG
21
7
chartpattern doubletoporbottom parallelchannel priceaction structure pattern impulse correction flag

Hello traders:

Looking at GBPUSD for the sell opportunity.

WE can see previous price action had a double tops, and price correct itself up within the ascending channel structure.

Then we see a sharp LTF push down from the price, good indication for further bearish momentum.

To confirm the downside, I would wait for a continuation correction to develop and finish here.

Thank you
Comment:
Look to see this ascending correction can continue the price down.
snapshot
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