GBPUSD Good position for a drop
Based on the chart, Price is about to break the support area and based on the candlestick pattern a bearish engulfing completed.
So It would be better to open sell position on highs with a good risk/reward ratios.
Note: Please take risk management rules into consideration before opening any position.
Good Luck!
So It would be better to open sell position on highs with a good risk/reward ratios.
Note: Please take risk management rules into consideration before opening any position.
Good Luck!
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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.
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.