TradingView
Anpu
May 2, 2020 3:06 PM

GBPUSD | Rejected by 200 MA  Short

GBP/USDOANDA

Description

Please support this idea with LIKE if you find it useful.

Price formed a Double Top pattern, and was rejected by 200 MA. In case there is a confirmed breakout of 50 MA we can initiate a short position.

If price also breaks the Ichi Cloud we can initiate a short position

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.
More