weiloon940718

GBPUSD : SELL HIGH IF UPTREND LINE IS BROKEN

Short
weiloon940718 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
7
If the uptrend line and the short term support 1.32215 is broken, then the trend may turn into short term bearish trend, i am interested to sell the pullback if it is broken. and i will at least hold this short position until it reaches FIBO 0.618, only i will look to buy at there.

TRADE IDEA :
SELL THE PULLBACK IF LEVEL 1.32215 IS BROKEN
SL : 1.32550 OR ABOVE THE REVERSAL POINT
TP : NEAR 1.30359 (FIBO 0.618)
Comment:
watch the price action first before sell
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.