cvfxwealth

GBPUSD Sell Signal

Short
cvfxwealth Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD at the top of a channel and in the demand zone (strong sell zone). Looking for price to reverse towards 1.3000 area.

1. Strong RSI Sell zone
2. Price in Demand Zone
3. Price in current channel finding resistance at 1.3250

Entry @ 1.3250 area
TP @ 1.3000 area


Good luck and let me know if there are any questions.

Charles V
CVFX Management
Trading made Simple
Oct: +30% growth
Comment:
Either enter at current price area with short stop loss of 1.3300 to 1.3350 or wait for a bear candle close under the channel on the daily for a conservative entry.
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