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VasilyTrader
14 ago 2022 11:48

GBPUSD: Technical Outlook For Next Week 🇬🇧🇺🇸 Short

OANDA:GBPUSD240
GBP/USDOANDA

Descrizione

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Hey traders,

GBPUSD broke and closed below a support line of a rising parallel channel last week.
The price retested that this week.

The pair formed a double top formation and then dropped nicely on Friday.

I will expect a bearish continuation to 1.203 level.

Good luck!

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

Commento

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Check my new idea on NZDCHF:
Parallel ChannelTrend LinesDouble Top or BottomGBPUSDDJ FXCM IndexdollarUSDForextradingTechnical Analysis
Commenti
VasilyTrader
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Will it drop lower next week?
What do you think?
UnitedSignals
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I have the same view!
breannaheath
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where would you set your stop loss? And would you enter on a bearish candle after the restest? Thanks!
VasilyTrader
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@breannaheath, I always set stop loss above the highs of the pattern
Entry is a retest of a broken neckline
breannaheath
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@VasilyTrader, Thank you!
JoeChampion
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Excellent work, thanks for sharing!
ProSignalsFx
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Its a good trade right there!
Fit_thetrader
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price closed at demand on Friday
Fit_thetrader
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price will be bullish this week
Altro