GBPUSD: Intraday Confirmation to Short 🇬🇧🇺🇸 Short

GBP/USDOANDA

Description

⋅ Jul 23, 2021 6:10 AM

Hey traders,

GBPUSD is currently trading within a strong daily supply zone.
Taking into consideration that the pair is trading in a bearish trend,
I expect a bearish move from the blue area.

I got a very nice confirmation on hourly time frame:
the price broke a rising channel after it set three equal highs.

Now I expect a bear move.

Goals:
1.37
1.364

❤️Please, support this idea with a like and comment!❤️

Comments

VasilyTrader

⋅ Jul 23, 2021 6:11 AM

Do you agree with my analysis?

Helical_Trades

⋅ Jul 24, 2021 3:05 PM

Great analysis, thanks for sharing 😊

VasilyTrader

⋅ Jul 25, 2021 10:45 PM

@Helical_Trades, you are welcome bro :)

Riccyardo

⋅ Jul 24, 2021 1:29 PM

Completely agree, we have had also the touch of the descending trend line on 4h chart

VasilyTrader

⋅ Jul 25, 2021 10:46 PM

@Riccyardo, thank you for support buddy!!!

Ebenfresh

⋅ Jul 23, 2021 4:32 PM

Very nice

I'm also short with valour on this pair as well

VasilyTrader

⋅ Jul 23, 2021 11:02 PM

@Ebenfresh, thank you so much brother)))

Mihai_Iacob

⋅ Jul 23, 2021 10:21 AM

Nice and clear creation

VasilyTrader

⋅ Jul 23, 2021 10:26 AM

@OptimoomFX, thanks a lot bro!!!