Hi there,
We are ready to open a sell position on gbpusd. In weekly and daily timeframe price in a powerful descending channel, but we are watching a ascending channel in H1 and H4 timeframe.
So we are waiting to break this ascending channel and after that open two sell position (midterm and long term position)
For long term position sell it at 1.274
TP1 1.214
TP2 1.164
SL 1.324
Please give you comments below.
We are ready to open a sell position on gbpusd. In weekly and daily timeframe price in a powerful descending channel, but we are watching a ascending channel in H1 and H4 timeframe.
So we are waiting to break this ascending channel and after that open two sell position (midterm and long term position)
For long term position sell it at 1.274
TP1 1.214
TP2 1.164
SL 1.324
Please give you comments below.
Note
again we have a new sell opportunity
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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.