TRADESBYZION

GBPUSDπŸ‡¬πŸ‡§πŸ‡ΊπŸ‡Έ β†˜οΈ

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
Hello guys ! πŸ‘‹πŸΎ
Hope you had a wonderfull trading week. πŸ™‡πŸΎβ€β™‚οΈ
We've managed to bank just over 450 pips in the first two trading weeks in 2021 πŸ™ŒπŸΎ

So, an eternal batle here, GBPUSD .

I've marked my previous downtrend (A).

After a breah-through (B) to the upside, the pair failed twice to break the resistence (C), creating a DOUBLE TOP (D), and breaking, as expected after the DOUBLE TOP (D), the RESISTANCE (D'), please note that in the middle of the DOUBLE TOP (D), the pair re-tested multiple times the RESISTANCE (D').

After a successful break-through on the RESISTANCE (D'), we have here TWO POSSIBLE SITUATIONS (E) :


A - A re-test on RESISTANCE (D'), and a drop to the top possible support area , giving us a chance of 80 PIPs, which can be adjustable to the bottom support area ( 160 PIPs );

B - A break-through on the RESISTANCE (D'), and a re-test on previous RESISTANCE (C), giving us even a better opportunity to bank 70, 150 and 230 PIPs on its way down.


We WILL WAIT before we enter this trade, and check how the PAIR behave during the first trading days. πŸ‘€


IF YOU FOUND THIS INFORMATION HELPFUL, PLEASAE LEAVE YOUR COMMENT. πŸ™‡πŸΎβ€β™‚οΈπŸ’™
DON'T FORGET TO SHOW US YOUR LOVE BY FOLLOWING OUR PROFILE SO YOU GET NOTIFIED EVERY TIME WE POST πŸ“²βœ…

Comments

Great
100 coins
+1 Reply
TRADESBYZION UnknownUnicorn5917169
Reply
First Tp 1.37110
Second Tp 1.37400
I have no idea why you guys are going short when we still in uptrend lol
+2 Reply
TRADESBYZION WopManSkeng
@WopManSkeng we shall see mate
+1 Reply
WopManSkeng WopManSkeng
You posted short last time to an it didn’t go to 1.33 bro as you posted in your charts. Instead it went flying up lol. But yeah your analysis are in point but your looking at the wrong direction. Short only occurs on thurs-fri
+1 Reply
WopManSkeng WopManSkeng
27 december it was last you posted
Reply
TRADESBYZION WopManSkeng
@WopManSkeng πŸ˜‚
+1 Reply
TRADESBYZION WopManSkeng
@WopManSkeng shame you can’t delete comments πŸ˜‡
+2 Reply
mohamedaslam93 WopManSkeng
🀣🀣🀣🀣🀣 burnt ,
+1 Reply
TRADESBYZION WopManSkeng
@mohamedaslam93 πŸ˜‚πŸ˜‚πŸ˜‚
+1 Reply
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