GBPUSD
GBP/USD: Target Sell @ 1.32800, SL @ 1.3315 TP 1.3200
Reason...
1D overall trend is downtrend, and price rejected from the Upper trendline. This indicates more downward movement.
4H- Bearish Marubozu formed on 4H timeframe, indicating strong selling pressure.
Entry strategy: wait for retracement in the marubozu area and price forming weaker momentum, then short.
TRADE AT YOUR OWN RISK.
交易進行:
Price is in our favor. It is possible that price can reach our targeted area. However, price still in sideway. Confirmed direction can be observed only after the breakout.
交易結束：目標達成:
As predicted, GU hit our target level.
More downward movement can be observed.
+80 pips (2 times reward) for this trade.
More downward movement can be observed.
+80 pips (2 times reward) for this trade.