Sell Setup GBPUSDTime Frame:
- Daily: FVG Identification
- H4: FVG Identification
- H4 Entry Signal
1. Trend Confirmation:
Identified a Break of Structure by the break of the previous resistance at 1.2830 area, indicating a continuation in market sentiment.
The break of up trendline will add extra confirmation for bearish continuation.
2. Fair Value Gap (FVG):
On the Daily & H4 chart noted a Fair Value Gap (FVG) between 1.2768 - 1.2857
3. Position:
Entry : 1.2730
Stop Loss : 1.2861
Take Profit: 1.2150
RRR : 1:4,7x
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
