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VladimirRibakov

GBPUSD Short Term Sell Idea After Trend Line Breakout

Short
Sterlina / Dollaro (FX:GBPUSD)  
VladimirRibakov  
FX:GBPUSD   Sterlina / Dollaro
Trend Analysis Trend Lines Multiple Time Frame Analysis GBPUSD SELL Bearish Patterns bearishdivergence Double Top Trend Line Break pullback
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trendanalysis trendline mtfa gbpusd sell bearish bearishdivergence doubletop trendlinebreak pullback
H4 - Currently it looks like the bullish trend pattern has completed itself and a correction is happening.

Double top with bearish divergence.

Price still has room lower towards the key support zone.

H1 - Bearish divergence. Most recent uptrend line breakout.

Expecting the price to continue lower further after pullbacks.
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