Lingrid

Lingrid | GBPUSD in the DOWNTREND. FALL from Strong RESISTANCE

Short
FX:GBPUSD   British Pound / U.S. Dollar
The price perfectly fulfills my last idea. The price fell from the resistance. The market broke through the support and pulled back it. The market tested and fell from this level before. I expect the price go to support level if the market makes a fake break of the resistance zone like long tailed bar or double top to ensure that bears are stronger. The DXY looks like is ready to continue moving upwards after pullback. My goal is to support 1.21200


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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