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Awesome_pips
Apr 4, 2023 6:19 AM

possible sell setup on GBPUSD Short

British Pound/U.S. DollarFXCM

Description

i will be going short on this candle

reasons are obvious... we have a daily resistance zone
double top formation and supply formation

i expect price to spike up before going down if it does that then we can say we have a change of trend

but right now we are still bullish in a long run and price might break the resistance but not before giving us a retracement


my TP 1 is the retracement zone

stay active incase this setup is invalid

Order cancelled

invalidated...we wait for another entry
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