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Awesome_pips
Mar 27, 2023 1:18 PM

possible sell setup on GBPUSD Short

British Pound/U.S. DollarFXCM

Description

possible sell setup on GBPUSD

if you look to the left you will see a supply formation from our last week entry

then price made a bearish engulfing at 50 % of the fibonacci

we entered a downtrend last week friday

i am using a 50 pips stoploss and 50 pips Take profit target

breakeven at 30 pips

also stay active incase the setup is invalidated
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