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Mobi0007

GBPUSD 240M Sell Setup,

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Paun British / Dolar A.S. (OANDA:GBPUSD)  
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OANDA:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Chart Patterns Wave Analysis GBPUSD
5
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trendanalysis chartpattern waveanalysis gbpusd
GBPUSD is at reversal point, at any point it could turn to the down side, specially in news sessions. because structurally its look GBPUSD is going to go down, so i will watch for sell setups after the break top.
RSI is experiential indicator for me let see how it will works...
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time to look for sell setup, sell could be little complex due to some structural changes, but it will happen...
snapshot
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Now we have market confirmed edges, between edges you can trade it, breakout will give us more confidence for down side..
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IMO This is reversal point, if not then atleast one move to the down side for correction... over all this is good spot for take risk...
snapshot
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Here is last possibility which can happen, after that setup will be invalidate...
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