GBPUSD Downtrend continue.
As you see in the chart.
EMA 200(orange) trend = down.
It did pass the EMA 20(Blue line).
Trend lines are placed and it does follow the line perfect. It is going to bounce from the Trendline. going down again.
As you see the WT indicator is ready to cross. When crossing that is a first signal to sell. When MACD crosses 2nd signal and full short trade can be opened!
TP target: 1.4100 2nd target 1.4000
EMA 200(orange) trend = down.
It did pass the EMA 20(Blue line).
Trend lines are placed and it does follow the line perfect. It is going to bounce from the Trendline. going down again.
As you see the WT indicator is ready to cross. When crossing that is a first signal to sell. When MACD crosses 2nd signal and full short trade can be opened!
TP target: 1.4100 2nd target 1.4000
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