Descrizione
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GBPUSD H4- Price is operating in an area that I call the Monthly Resistance Zone.
Reason For Entry-
Fundamentals- With the DXY Dollar Index braking a multi-year low and then rising, it looked like a good time to sell GBPUSD.
Double Top formed, overbought RSI (72.40) followed by Engulfing Candle indication on potential new trend going down
SL- 76 PIPS🛑
TP- 76 PIPS✅
TP2- 152 PIPS✅