Back to all Ideas

Sell GBPUSD

by Saqib I, August 2, 2022

GBP/USD H4 vol/wav

by Saqib Iqbal August 2, 2022

5
Share

GBP/USD

|

Short

|

H4

Timeframe:

H4

Analysis Method:

vol/wav

Analysis:

As long as the price remains below 1.2300, it is likely to revisit the 1.2050 level. The final up wave halted at 1.2300 and forming an M pattern, confirming a bearish price action. Volume supporting the downside too

Trade Plan:

sell on strength

Risk Management:

1%

Things To Watch For:

1.2300

LEAVE YOUR COMMENT HERE:

View previous comment

DISCLAIMER

The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product.

WE FUND FOREX TRADERS!

The5%ers let you trade the company’s capital, You get to take 50% of the profit, we cover the losses. Get your trading evaluated and become a Forex funded account trader.

Get Your Forex Funded Trading Account

Your message is underway!

You will be hearing from us shortly