valentinofxx

GBPUSD potential sell for this sunday. SHORT TERM, 40+ Pips

FOREXCOM:GBPUSD   British Pound / U.S. Dollar
Price looks like a clear sell on H1 time frame and looks like structure is forming a M and is completing the last leg. I'd wait for a clear break and close below the previous 1.29200 level on the H1 time Frame, and scale down to the 15M or 5M time frame, to get my entry off a retest NEAR that previous 1.29200 level above, and target that 1.28800 zone for 40+ pips, with SL being above the resistance that was once support, or no SL at all if your familiar with the banks hitting SL. remember to BE PATIENT, let the market come to you, never rush the market. if there's no confirmation to get in then DON'T GET IN. Don't forget to do fundamental analysis too. Be aware this will be on a SUNDAY. Let me know your opinions.
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