GBPPLN continuation sell setup.

Hi guys,

The GBPPLN broke structure on the 240. It is in C wave of a daily ABC pattern so watching for a sell setup is a good idea. I would wait for a correction to structure before any sells.

Kommentera:

Clean breakout of structure. Will price test the previous support as resistance before the next move, or will the move break down to the lows right away from breakout? I guess we will soon all find out.

Patience is key, trade what you see, not what you think!

Kommentera:

Let's see how it open next week. Look for a buy setup using your trading strategy. This will be great for downside move, expecting a great result on this one.

Kommentera:

Lower open today, good opportunity to use your tested trading strategy to look for a sell setup.

Patience is key, trade what you see, not what you think!

Kommentera:

Great move to downside, hope you had a tested trading strategy to capture this move.

Well done to anyone who caught it !