possible sell setup on GBPUSD
possible sell setup on GBPUSD
if you look to the left you will see a supply formation from our last week entry
then price made a bearish engulfing at 50 % of the fibonacci
we entered a downtrend last week friday
i am using a 50 pips stoploss and 50 pips Take profit target
breakeven at 30 pips
also stay active incase the setup is invalidated
if you look to the left you will see a supply formation from our last week entry
then price made a bearish engulfing at 50 % of the fibonacci
we entered a downtrend last week friday
i am using a 50 pips stoploss and 50 pips Take profit target
breakeven at 30 pips
also stay active incase the setup is invalidated
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.