(GBP/USD) Potential Sell Opportunity
Updated
Good Morning Traders. I hope everyone has had a great week so far.
These are my thoughts for GBP/USD.
After a strong push to the upside momentum is finally starting to exhaust. I expect price to correct before continuing on an uptrend.
Reasons for trade:
- Strong wick rejection on 1hr indicating sell pressure.
- Price over brought
Advice:
Trade one pair at a time. Its best to focus you attention on one thing at a time.
Peace Out
Forex Prodigy.
These are my thoughts for GBP/USD.
After a strong push to the upside momentum is finally starting to exhaust. I expect price to correct before continuing on an uptrend.
Reasons for trade:
- Strong wick rejection on 1hr indicating sell pressure.
- Price over brought
Advice:
Trade one pair at a time. Its best to focus you attention on one thing at a time.
Peace Out
Forex Prodigy.
Trade closed manually
Fake out , still alot of bullish pressure , closed earlyComment
Closed at 2%
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.