Market structure still bearish on GBPUSD
making consistent Lower Highs and Lower Lows
Price just bounced back near previous support area, now acting as resistance.
Planning to short from this zone, expecting downtrend to continue
Timeframe: 4H
Entry: 1.33068
Stop Loss: 1.36220
Take Profit: 1.29864
1:1 RR looks good with trend direction
This is just my personal view, not any financial advise
making consistent Lower Highs and Lower Lows
Price just bounced back near previous support area, now acting as resistance.
Planning to short from this zone, expecting downtrend to continue
Timeframe: 4H
Entry: 1.33068
Stop Loss: 1.36220
Take Profit: 1.29864
1:1 RR looks good with trend direction
This is just my personal view, not any financial advise
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.