GBPUSD SELLING FORMATION IN MAKING

GBPUSD start to show weeks signs, possible time to correct is near. With DXY looks like HOLD @ 100.14 SUPPORT, this indicates high PROBABILITY it will take GBPUSD DOWN

My plan for this trade

I will wait for break of 1.3178, Once break will wait for retest of this area and go in

Will have few TARGET for this

TP1 1.3119
TP2 1.3041
TP3 1.2909

This trade will be VALID only if we BREAK 1.3178

Thanks

Note

The More keep this FAKE BULLISH SPIKE THE HARDER THIS WILL FALL

I HAVE SAME VIEW, GO IN AFTER BREAK AND RETEST 1.3178

Note

STILL SAME VIEW, THIS 1H CANDLE COULD BE JUST TO TAKE OUT TRADER WHO RUSH THERE ENTRY

Note

I take sell @ 1.3241 SL 1.3272

TP 1.309

Note

Close HALF @ 1.3213
This trade RISK FREE NOW

Note

Im Happy to hold the remaining to the target as we have break major support @1.3212

Trade closed manually

done

donchichi1

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donchichi1