GBPUSD - Double Top + Ending Diagonal = Major SHORT

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD created a double top perfectly. The way we got there was with an ending diagonal within an ascending wedge , which all means reversal!

Look for bear flags on the 4H and 1H and get in with stops above the correction.

Like this idea for updates throughout the week.

Goodluck and trade safe!
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totally agree
+1 Reply
thank you 👍❤
+1 Reply
let’s see what happens with GU
what we still thinking guys
Trade7736 Lawzy180
@Lawzy180, to be honest, it's quite hazy, there are some reasons that it's on its way down but I can also see a cup and handle which could be a buy. The best thing to do is wait, patience is key
+1 Reply
I would place the bottom at 1.38