Hey yall
Hope yall had a great weekend
This is my analysis on gbpusd
So far price has been falling from D1 timeframe
As you can see this is the h4 time frame
You can see that price always tend to respect the previous turning point,this is just a minor pullback before the next impulse.
I would advice you wait for bearish candlestick and wick rejections for the yellow zone for more confirmation to enter short on the trade
SELL GBPUSD SELL LIMIT OR SELL STOP
PRICE:1.34556
SL:1.35322
TP:31883
FOLLOW ME FOR MORE IDEAS LIKE THIS
TO LEARN THE BREAKOUT STRATEGY.
Hope yall had a great weekend
This is my analysis on gbpusd
So far price has been falling from D1 timeframe
As you can see this is the h4 time frame
You can see that price always tend to respect the previous turning point,this is just a minor pullback before the next impulse.
I would advice you wait for bearish candlestick and wick rejections for the yellow zone for more confirmation to enter short on the trade
SELL GBPUSD SELL LIMIT OR SELL STOP
PRICE:1.34556
SL:1.35322
TP:31883
FOLLOW ME FOR MORE IDEAS LIKE THIS
TO LEARN THE BREAKOUT STRATEGY.