once the price engulf against the current minor trend (uptrend). Then a short trade is absolutely valid. You can check out my previous analysis to see how I analysed GBPUSD since last month predicting it will continue its path going down. If it fails to engulf the red line, then we have to wait a bit more and have a look to see wether it is still a valid short. At this moment a short trade is undoubtedly happening soon.
#inevitable #sell #downtrend
Trade active
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almost complete setup 90% valid. now we wait for the candlestick to close in h4 and d1.