Sell Gbp/Usd Bearish Flag Breakout

Aggiornato
The GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours. GBPUSD

Key Points:

Sell Entry: Consider entering a short position around the current price of 1.2916, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 1.2882
2nd Support – 1.2855

Stop-Loss: To manage risk, place a stop-loss order above 1.2953. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.

Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.

Best Regards, KABHI FOREX TRADING
Thank you.
Trade attivo
Commento
istantanea
Trade chiuso: obiettivo raggiunto
istantanea
Trade chiuso: obiettivo raggiunto
istantanea
Chart PatternsDXYEURUSDFLAGGBPGBPUSDgbpusdshortTechnical IndicatorsTrend AnalysisUSDDJ FXCM IndexXAUUSD
👉👉 Join My Telegram Channel :

✳️✳️ Free Forex Signals & Technical Chart : telegram.me/kabhifx


📞📞Whatsapp me @ (+91) 97888-12123

Pubblicazioni correlate

Declinazione di responsabilità