GBPUSD downtrend
my analysis show that the price area moving downward.this is due to the end of cycle wave 5. the stochastic shows that the price are in overbought condition.
the daily candlestick indicate that there are some rejection from the sellers that pushing the price downward.
finding to go short at the area of 1.5360 will be the best idea to enter the trade which is the support become resistance area.
good luck!!
disclaimer
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this idea was published for the purpose of study only. all the risk taking are at your own responsibility.
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the daily candlestick indicate that there are some rejection from the sellers that pushing the price downward.
finding to go short at the area of 1.5360 will be the best idea to enter the trade which is the support become resistance area.
good luck!!
disclaimer
------------------------------
this idea was published for the purpose of study only. all the risk taking are at your own responsibility.
------------------------------
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