GbpUsd has completed ABCD on daily time frame. Now its going for HL on daily TF and can test previous High
Biased Bearish
1.ABCD complete on Daily TF
2. Double top on 1hr
3. Trendline support broken
3. Bearish Divergence
Biased-Short
Sell at current price (1.31090)
StopLoss at High (1.31450)
TP1 RR=1:1 (1.30730)
TP2 RR=1:2 (1.30370)
Biased Bearish
1.ABCD complete on Daily TF
2. Double top on 1hr
3. Trendline support broken
3. Bearish Divergence
Biased-Short
Sell at current price (1.31090)
StopLoss at High (1.31450)
TP1 RR=1:1 (1.30730)
TP2 RR=1:2 (1.30370)
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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.