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GBP USD short

by Denislav D, October 5, 2021

GBP/USD H1 wave analysis

by Denislav Dantev October 5, 2021

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GBP/USD

|

Short

|

H1

Timeframe:

H1

Analysis Method:

wave analysis

Analysis:

expecting a move to the downside to reach a previous supply level or potentially test or break the previous lows. Major swing long to follow.

Trade Plan:

take some of my trade at the 1.3500 level and leave the rest with a tight stop in case we continue lower to test the lows

Things To Watch For:

NFP on Friday as it might be the trigger for the swing long

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