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Tier4

Short GBP/USD on imminent break-out betting that it will failVery strong monthly, weekly, daily downtrends. Huge yearly consolidation + break-out pattern for GU. This thing is on track to go below 1.00. Look for a break-out failure to short. This is a Tier 4 trade because all trends are aligned and on the monthly we have closed below the 1.481.
Short
by tradingalone
Tier 4 GBP/USD Short Initiate first short at 4H 200EMA or 1.46 on faltering signs. Add to position as trade develops. When price moves below weekly VWAP, consolidates and breaks-out, add to full size. Tier 4 implies 3.75% risk.
Short
by tradingalone

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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