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forex_prodigy
Jun 9, 2020 6:13 AM

(GBP/USD) Potential Sell Opportunity Short

British Pound/U.S. DollarFXCM

Description

Good Morning Traders! I hope this message finds you well.
Ive noticed a potential short opportunity.
Reasons for trade
1) Upward Momentum Exhausted
2) Price Over Brought
3) Previous 4hr Candle was extremely bearish.

Advice.
What goes up must come down. The markets are always forming a series of lows or highs.
Hope everyone has a great trading day.
Peace&Love
Forex Prodigy
Comments
Deanodinosaur
Excellent analysis, I caught the trade on the way back up but missed it on the way down, will follow your posts in future ! :) thanks for posting
forex_prodigy
@Deanodinosaur, Well Played Bro! Happy I Was Some Use To You
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