GBPUSD 4H has grabbed liquidity from 4h20EMA after a spike to the upside, and at the same time, has broken the daily high and rejected. As long-term price action is bearish, it is highly likely that the price will respect the daily high and 20EMA and finally, the price will break down to continue its downtrend.
A sell setup from the area of value shown on the chart is high probability :)
A sell setup from the area of value shown on the chart is high probability :)
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FREE TELEGRAM
bit.ly/342slNF
#1Regulated broker Vantage 100% bonus link shorturl.at/lB3iN
YOUTUBE CHANNEL
bit.ly/3GmqN1E
bit.ly/342slNF
#1Regulated broker Vantage 100% bonus link shorturl.at/lB3iN
YOUTUBE CHANNEL
bit.ly/3GmqN1E
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.