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TheBearTrader1
Sep 15, 2020 1:46 PM

GBPUSD- SELL HERE, POTENTIAL 9% Short

British Pound/U.S. DollarFXCM

Description

We can see price has moved very impulsive since the Breakout of the ascending TL, however we are now in an area of interest, we have to 50% fib level, previous lows acting as resistance, we can see a double top and a bearish wick candlestick to confirm this entry. The only timeframe this doesn’t look good on is the 15m, however these higher TF’s are much more powerful in my opinion.
Comments
CFDStephenwood
Well done
TheBearTrader1
@CFDStephenwood, Thanks bro
TheBearTrader1
@CFDStephenwood, entry still valid
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