TradingView
CollegeofPips
Nov 16, 2021 4:09 PM

GBP/USD Might Be Smashed By Sellers ๐Ÿ”จย Short

GBP/USDOANDA

Description

โ‹…

๐Ÿ“‰ GBP/USD | Potential Downward Movement

๐Ÿ’ก Sell Limit Order @ 1.34373

๐ŸŽฏ Target Profit 1.33556

๐Ÿ›‘ Stop Loss 1.34779

โŒ Do not risk more than 1% of your account on each trade


Description:
The price found bears around the 50% Fibonacci retracement level where it could lead to a breakout of the bullish channel to the downside. A higher correction could be posted before a new bearish impulsive wave toward the target profit.
-------------------------------------------------------------------------------------
Please press โ€œLikeโ€ if you appreciate the trading idea ๐Ÿ‘
โ€œFollowโ€ for more trading ideas in the future ๐Ÿ‘€
โ€œCommentโ€ below to share your thoughts with us and other traders ๐Ÿ‘ฅ
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by โ€œcollegeofpipsโ€ are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. โš ๏ธ
-------------------------------------------------------------------------------------
๐Ÿ™‚ Good Luck!
Comments
More