GBPUSD : SELL HIGH IF UPTREND LINE IS BROKEN

If the uptrend line and the short term support 1.32215 is broken, then the trend may turn into short term bearish trend, i am interested to sell the pullback if it is broken. and i will at least hold this short position until it reaches FIBO 0.618, only i will look to buy at there.

TRADE IDEA :
SELL THE PULLBACK IF LEVEL 1.32215 IS BROKEN
SL : 1.32550 OR ABOVE THE REVERSAL POINT
TP : NEAR 1.30359 (FIBO 0.618)

Kommentera:

watch the price action first before sell