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andrewlimanto77
Apr 18, 2019 2:13 AM

GBPUSD rally slowed down, Descending triangle pattern 

British Pound/U.S. DollarFXCM

Description

this chart shows me that GBPUSD is moving lower testing unfresh demand zone again
price might drop to 1.30000 - 1.29600 then start rally again (wait for reversal pattern)

if unfresh demand zone is broken, price might go lower @ 1.29000

Comment

the price is on the unfresh demand zone, sell stop below lowest low that has been made, and target would be on fresh #1 / #2

always set 2 scenarios if the price don't go in your favor guys =)
happy trade
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