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Wolf_of_Walton

GBPUSD (TOP OF THE TREND IS IN)

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Libra Esterlina/Dólar Americano (FX:GBPUSD)  
Wolf_of_Walton Atualizado   
FX:GBPUSD   Libra Esterlina/Dólar Americano
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
I personally believe we have reached the TOP of the GBPUSD uptrend today and should start to see some BEARISH momentum taking it down towards 1.33.

It should face the two major fibonacci levels of (0.5 and (0.236 of Macro)), where it will be tested and face rejection at this key level of support.

Good luck.
Trade ativo:
Average Entry: 1.38572... Let's do this
Comentário:
GBPUSD attempted to retest the previous high but failed. We should continue with the downtrend from here
Comentário:
I'm approaching this trade with a swing strategy, willing to hold for a week or two until it reaches my TP levels.. Will mention when where my stops will be moved at a later stage. Happy trading
Comentário:
The ideal break down to TP..

snapshot
Comentário:
Possible triple top?

snapshot
Comentário:
A daily close above previous high will lead me to close the trade
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