Expecting continuous weakness as price has broke its ascending trendline. Price is now retracing back to Fibonacci levels where our sell zone is marked.
SHORT Setup:
- Watch for a rejection at sell zone for entry
- Stoploss: Above the high after entry
- Targets: 1.2539 - 1.24200
Good Luck and trade Safe!
SHORT Setup:
- Watch for a rejection at sell zone for entry
- Stoploss: Above the high after entry
- Targets: 1.2539 - 1.24200
Good Luck and trade Safe!
Note
GBPUSD 4H UPDATE - Watch break of the red trendline for entry in case we didn't move to our sell zone Trade active
GBPUSD 4H Note
GBPUSD 4H - Holding first position Note
GBPUSD 2H - If you missed the first trade, you can watch our new sell zone for an entry. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.