Weekly Perspective (GBPUSD)
Updated
Hey Guys,
The pair formed a trend reversal pattern and made a nice bearish candle which broke the trend line and closed below the trend line once we see a continuation on the lower time frame it will head south.The continuation is just a confirmation where its gonna head next.Be patient and take this trade because it has huge potential to the downside.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
The pair formed a trend reversal pattern and made a nice bearish candle which broke the trend line and closed below the trend line once we see a continuation on the lower time frame it will head south.The continuation is just a confirmation where its gonna head next.Be patient and take this trade because it has huge potential to the downside.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
Note
It has a huge potential downside you guys dont want to miss the entry.if you entered from the top good-luck guys move your stops to break even.Those who didnt enter you got a great chance to enter he market. Note
it made a bigger correction.if you entered earlier dont worry its going big time downside.Note
wait for price to break to he downside.Note
hey guys the pair is ripe and may fall very aggressively,may get a good risk to reward ratio.look for sell at the top.Note
Hey Guys,We got that nice move to the downside,still this pair has huge potential to the downside.Look for trend continuation pattern formation to get a confirmation that its going down.Goodluck.Note
forming a continuation formation.Note
making a bigger structure in lower degree.Trade closed manually
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