tradafx

Wait for downtrend confirmation and sell signal with GBPUSD

Viés de baixa
OANDA:GBPUSD   Libra Esterlina/Dólar Americano
H4 time frame.
Structure: The uptrend in the ascending channel was broken after the price moved to the 1.38900 resistance zone.
With a strong bearish move and no confirmation of the downtrend yet, it is advisable to wait for the price to clearly show a retracement confirming the trend.
The possibility that the price will retrace to the 1.38200 price zone may look for sell setups.
The profit target is the support at 1.37000.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.