GBPUSD ancient short trend may continue #GBPUSD
Updated
Dear Traders,
There is a short trend in GBPUSD since Nov 2007.
Recent long countertrend has been broken, but the start of the last impulsive move still stands (red zone). If the current long countertrend (on H1/M15) is broken, there is a chance those zones will fall, and then there is a huge room for further decline. Look for the break of the current long CT.
Let me know what you think!
There is a short trend in GBPUSD since Nov 2007.
Recent long countertrend has been broken, but the start of the last impulsive move still stands (red zone). If the current long countertrend (on H1/M15) is broken, there is a chance those zones will fall, and then there is a huge room for further decline. Look for the break of the current long CT.
Let me know what you think!
Note
Recent long countertrend never broke, so there was no trade.Order cancelled
Trading cancelled.
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