Optimum369

20 reason for sell GBPUSD

Short
FX:GBPUSD   British Pound / U.S. Dollar
Update 28/08/2022
we Analysis every market in depth and 7 dimension PRICE PATTREN VOLUME MOMENTUM VILATILITY STRENGTH AND SENTIMENT
1 Structure 12 :extreme bearish
2 imbalances :\Target marked
3 Current Move 12:impulse
4 Entry TF : D1
4.1 ETF Structure: Bearish
4.2 move : Impulse
5 Support Resistance: Flag base Resistance
6 FIB: filled all retrace
7 candle Pattern: wick and momentum
8 Chart Pattern: pole and flag
9 Volume : above average of 9 (VAS)
10 Momentum: bearish below 40 (RSI UMCONVENTIONAL )
11 Volatility : walking on the band bear (Bollinger BAND)
12 strength: strong bear (ADX)
13 Sentiment : extremely weak (ROC)
14 Final conclusion: sell
15 Buy /Sell/Wait : Sell
16 Entry: 1.1.1725
17 Sl:1.1909
18 Tp:1.1441
19 Risk to reward Ratio:1:5
20 Excepted Duration : 10

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