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ShawnTheTrader

GBPUSD Short Term Sell

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Libra Esterlina/Dólar Americano (OANDA:GBPUSD)  
ShawnTheTrader Atualizado   
OANDA:GBPUSD   Libra Esterlina/Dólar Americano
Trend Analysis Chart Patterns Wave Analysis GBPUSD short overbought Support and Resistance shortterm Relative Strength Index (RSI) Stochastic Oscillator
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trendanalysis chartpattern waveanalysis gbpusd short overbought supportandresistance shortterm relativestrengthindex stochastic
As seen from the chart, price of GBPUSD currency pair has failed to close above 4H resistance level.

Price is now expected to bounce off the resistance level and move towards to next support level and thus, making this a potential short position.

All these can be further confirmed by RSI and Stoch being in overbought zones.

Do let me know what you think.
Trade fechado: objetivo atingido
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