GBPUSD Short Setup
Trend: Bearish (short term)
Structure: Parallel channel
Plan: We look for price to either breakout, retest, and then move higher. However the more likely scenario being, we look for price to respect the upper parallel channel line and move back to the previous low.
Again we await price action and MACD/Stochastic confirmation before entry.
Structure: Parallel channel
Plan: We look for price to either breakout, retest, and then move higher. However the more likely scenario being, we look for price to respect the upper parallel channel line and move back to the previous low.
Again we await price action and MACD/Stochastic confirmation before entry.
Penafian
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