GBPUSD SHORT
GBPUSD IS READY TO SELL
GBPUSD was in consilidation for a long time, but broke out to the downside last week.
Price has come back up to our support level which became key resistance level.
Sellers rejected this key level by forming an bearish engolfing, this indicated that sellers are here and willing to short the market.
I expect price to go down to the next support level.
SL above the engolfing pattern
TP the nexr support level.
GBPUSD was in consilidation for a long time, but broke out to the downside last week.
Price has come back up to our support level which became key resistance level.
Sellers rejected this key level by forming an bearish engolfing, this indicated that sellers are here and willing to short the market.
I expect price to go down to the next support level.
SL above the engolfing pattern
TP the nexr support level.
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