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tashriquegallagher345

GBPUSD going for a possible bearish swing trade.

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
tashriquegallagher345 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Double Top or Bottom
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trendanalysis doubletoporbottom
GBPUSD was on an uptrend for the longest time on the 4 hour time-frame. a long bearish candlestick broke and closed below the diagonal support trendline. price became impulsive for a while. we waiting for a correction and retracement to either 61% or 78% on fib levels. then go short
Comment:
it reached the resistance level before going short. find confluence on a lower time-frame/behavioral time-frame. look for a candlestick pattern or reversal formation pattern then go short
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