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Sell GBPUSD

by Saqib I, July 14, 2022

GBP/USD H4 vol/wav

by Saqib Iqbal July 14, 2022

2
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GBP/USD

|

Short

|

H4

Timeframe:

H4

Analysis Method:

vol/wav

Analysis:

Downtrend is too strong. Look for an upside to short sell. 1.1850-1.1900 is the key area. Downside target is 1.1500

Trade Plan:

sell on on strength

Risk Management:

1%

Things To Watch For:

1.1900

LEAVE YOUR COMMENT HERE:

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  1. Great Idea. As I am watching, there is a great probability that the point of interests coincide with the 50 EMA and 61.8% Fib level, which will add more confluence to the trade. The only thing I am worrying about is the regular divergence on the daily timeframe.

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