piphunters
Short

GBPUSD: Sell breakout

FX:GBPUSD   British Pound/U.S. Dollar
1069 2 34
The pair is off from the top of the larger degree corrective structure as we have mentioned earlier, we already had a break down out from the up trend and another break looks imminent out to the downside from the smaller degree corrective structure it is in currently giving us a nice opportunity to go short.

IMPORTANT: The setups posted here are not trade calls or signals and are intended for guidance purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
If you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
drin
3 months ago
I was expecting that breakout to the downside too, but as we can see it just broke the correction and maybe this will be the next impulse to the upside.
snapshot
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piphunters drin
3 months ago
yes went up finally
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