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Moipone_Phakisi
Dec 7, 2022 7:17 AM

GBPUSD IS BEARISH!! Short

British Pound/U.S. DollarFXCM

Description

GU is looking bearish while DXY is looking bullish. Although this is only a pullback because the overall trend on GU is bullish, it is still worth trading with solid confirmations in place.

Use good risk management but enjoy the ride.

All the best :)
Comments
Khiwe
Shouldn't the right shoulder be higher than the left shoulder?
Moipone_Phakisi
@Khiwe, No. The head just needs to be higher than both shoulders
Khiwe
@Moipone_Phakisi, Okay, I will keep a note of it, thanks Moipone, enkosi
Moipone_Phakisi
@Khiwe, Always a pleasure Khiwe :)
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