Update on GBPUSD Outlook post: possible setups for GBPUSD sell.

If price rejects the upper level or closes below the level, that might be the signal to start prepping for a short on GBPUSD, even further break below the lower levels would see price likely falling to the 50% retracement. A good trader would not follow the price. Let the 'setup' come to you.
Please share your thoughts.

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Kommentera:

waiting on price to form the double tops now. Then trade will be active.

Handel aktiv:

I am in.

Kommentera:

Price met my Criteria with a double top

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There might be another opportunity for those who want to enter this trade ar 1.24653. Remember to set SL above the last spike before this Swing high

Kommentera:

Still holding on this trade

Trade stängt manuellt:

I am closing this trade. Price structure is changing. will look for a better entry

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Would set a sell stop below the wick of this candle