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TheSignalyst
Jan 13, 2021 7:24 PM

GBPUSD - Wait For It! Short

British Pound/U.S. DollarFXCM

Description

Hello everyone, if you like the idea, do not forget to support with a like and follow.

on WEEKLY: GBPUSD is sitting around a strong resistance in green so we will be looking for sell setups on lower timeframes.

on H4: GBPUSD is forming a wedge pattern in blue but it is not valid yet so now we are waiting for a third swing to form around it to consider it valid.

Trigger: Waiting for a momentum candle close below the gray area to sell.

and until the sell is activated, this one would be overall bullish and can still trade higher.

As price approaches our lower brown trendline, we will be looking for buy setups.

Good luck!
Comments
elsacatherine007
Excellent
TheSignalyst
@elsacatherine007 thank you Elsa
hafiz777
buy
TheSignalyst
@hafiz777 long term sell 😁
hafiz777
@TheSignalyst 🤣🤣
sakatrd
@TheSignalyst how long ?
AumarCapital
Nice sell setup
TheSignalyst
@AKFXT thank you so much
ahmadawada
thank you bro
TheSignalyst
@ahmadawada thank you bro
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