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Pika7993

Sell with sell stop

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Pika7993  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Chart Patterns GBPUSD sellstop Support and Resistance support Relative Strength Index (RSI)
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trendanalysis indicator chartpattern gbpusd sellstop supportandresistance support relativestrengthindex
Presented is a 1 hr sell analysis with sell stop.

We are in strong resistance zones that are holding true. Chart pattern tells us a sell off to our strong support holds.

Sell stop at 1.41750 and watch for our first reversal support at 1.41400.

RSI is continuing towards oversold while MACD/SIGNAL initiated a cross down towards 0 line.

TP at 1.41200 and 1.41000.

Please comment with thoughts and ideas and be patient for sell stop. Thank you.
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