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AlkalineFX
Oct 4, 2021 10:15 AM

GBPUSD: Take Sellers & Collapse Short

British Pound/U.S. DollarFXCM

Description

The trend has shifted into a bearish market, for this to continue we must retrace to mitigate positions before we can sell-off strongly again.

I would like to see a pullback to wipe out the breakout sellers, once this is out of the way we can look to enter our sells as illustrated.

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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain of the markets. This information given is not financial advice, always do your own research.

Thank you for reading,

Cheers to many pips!


Comments
kimozelghonemy
Shorts now right ??
jhonson123
me gusta la idea porque tengo exactamente Esos niveles marcados.!!!
FieryTrading
Looking good mate, thanks for sharing!
VasilyTrader
What is your SL recommendation and why?
yonsfx
Lets go!!
ShawnMCR
Nice job buddy. Thanks for sharing
ChartingWithLiv
Yup, short term bullish long term bearish. Those orders down there need to get filled at some point!
jhonson123
@ChartingWithLiv, Esa es exactamente la trayectoria del GBPUSD.
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