GBP-USD Possible fall down
Updated
Bearish trend channel meet a very strong resistence level at the moment.
This level almost cross perfectly with the top trend line so i would say it's a good sign of possible reversal. Also RSI on 4h tf is in averbought zone, not much to go up.
I would enter at leves setted on the graph with Stops 30 pips max over the maximum of the resistence.
Good luck and happy trading.
This level almost cross perfectly with the top trend line so i would say it's a good sign of possible reversal. Also RSI on 4h tf is in averbought zone, not much to go up.
I would enter at leves setted on the graph with Stops 30 pips max over the maximum of the resistence.
Good luck and happy trading.
Trade active
I will move t1 just a bit over the bottom trendline.T2 leave where it is.
Moved Stop Loss on 33280
Good luck.
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