GBPUSD Close to Commencing The Road South
GBPUSD 1h chart:
- recharged into the former support area
- completed a bearish cypher
- completed TD Setup (has not perfected yet though)
- neared 61,8% fib level from top to bottom move
- the correction topped above the higher BB with the 20 MA flat
Expecting the pair to challenge previous lows, pursuing the downtrend. This scenario should be invalided about 80 pips higher.
- recharged into the former support area
- completed a bearish cypher
- completed TD Setup (has not perfected yet though)
- neared 61,8% fib level from top to bottom move
- the correction topped above the higher BB with the 20 MA flat
Expecting the pair to challenge previous lows, pursuing the downtrend. This scenario should be invalided about 80 pips higher.
Trade attivo:
TD Setup perfected
Stop @ 1.2401
Stop @ 1.2401
Trade chiuso: stop raggiunto