Get started
MoneyMantraCha

GU BEARISH MOVED EXPLAINED +80 PIPS

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
MoneyMantraCha  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
It seems to be resisting off of the Weekly/Daily zone of around 1.31400 but you can always find a lower or better entry point like 1.30500.

The candle broke its structure on the downside. MOM and Stoch facing down. MOM below 0. The orange line is on top of the blue line on the Stoch. Bearish conditions are met.

TP 1, 2, and 3 hit!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.