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Analysis on #GBPUSD
Hello friends.
yesterday I wanted to short GBPUSD using structure trade strategy but the rules have not been met, but it is a good thing to see it has moved as predicted.
now I am waiting for the price to retest the structure resistance level and look for a reversal pattern like head and shoulders or double top and maybe their bar reversal, or engulfing candle to get in a short trade targeting previous resistance now turned to support level also trendline support for a possible 170 pips range
You have to bet on the dollar to really get strong for this to work, do you think the dollar will strengthen? let me know in the comment
Safe trading everyone Check today analysis below⠀
>> “Control Your Emotion and You Control Your money.” _____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
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