GBPUSD - Bear Play

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Paun British / Dolar A.S. (FOREXCOM:GBPUSD)

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FOREXCOM:GBPUSD Paun British / Dolar A.S.

trendanalysis chartpattern beyondta gbpusd sellsetup bearish uk cable

Hi everyone

We currently entering into a strong sellzone for Cable. Protective stops noted in the blue shaded area

Based on the 4hr movement - showed us strong bullish momentum. We had a market structure shift to the downside but stops are being targeted and raided.

strong believe price will start reaching for lower areas now - BEAR power

Target area
- 1.21790
- 1.21130

Stops
- 1.23100

I will update on this as the week plays out

Stay safe

Dagangan ditutup: hentian tercapai:

i was wrong here. Got stopped out.

we will learn and move on

Penafian

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