Hi Traders,
The higher timeframe indicates downtrend and we are looking for Short positions in GBP USD. A good sell position would be when price close below 1.28668 (yellow), for a target of 1.28470 (red) and a stoploss above 1.28766 (Green).
For queries comment below and dont forget to like and follow.
Happy Trading....
The higher timeframe indicates downtrend and we are looking for Short positions in GBP USD. A good sell position would be when price close below 1.28668 (yellow), for a target of 1.28470 (red) and a stoploss above 1.28766 (Green).
For queries comment below and dont forget to like and follow.
Happy Trading....
Note
Levels have changed for a sell, We can enter a sell position when a red candle closes below 1.29311, for a target of 1.28990 with a stop loss maintained above recent low.Order cancelled
The opportunity didnt unfold as expected.
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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.