Hi everyone:
GBPUSD has a potential sell setup forming. The Price Action is currently sitting at resistance of 1.2960 area. IF we can see the PA push down and break the bearish flag pattern, it would be a good R;R short position down to recent lows and 1.27000.
Be aware of the GBP election news event that may cause volatility in the market.
Thank you for your support and feedback.
GBPUSD has a potential sell setup forming. The Price Action is currently sitting at resistance of 1.2960 area. IF we can see the PA push down and break the bearish flag pattern, it would be a good R;R short position down to recent lows and 1.27000.
Be aware of the GBP election news event that may cause volatility in the market.
Thank you for your support and feedback.
Comment:
Remember, wait for confirmation before enter the sell.
Comment:
Still no break out yet.
Trade active:
Trade closed: target reached
Trade closed: target reached:
TP 2 hit for 4.22% profit.
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