Wave-Trader

GBPUSD Sell the breakout

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
Hi there,

GBPUSD is having very nice sharp 1st impulse and correcting back.

How we can trade on this chart.

1. Wait for the FED rate decision and watch breakdown during that FED rate decision and sell it

OR

2. You can sell it before that as well. But it will carry risk.


In case we are not going to see breakdown and price close above the previous high then it will change the sell setup.

This is very high probability setup


Good Luck

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