GBPUSD H4 pullback before going short.
Currently looking for selling opportunity and patiently waiting for my entries to be hit.
Reasons to enter:
1. EMA 21 and 50 just crossed over, and am expecting further downside.
2. Price was rejected at both 21 and 50 ema beautifully.
3. A series of lower highs and lower lows are forming. Am expecting the price to pull back to the 38.2% or 50% fibo levels (entry for shorts)
4. Stoch is currently showing an oversold situation, am expecting some retracement to the trendline/ema21 before going further downside.
5. Bearish is still in control based on weekly, daily and h4 TF. Don't go for any buy now.
Trade safe all ;)
Reasons to enter:
1. EMA 21 and 50 just crossed over, and am expecting further downside.
2. Price was rejected at both 21 and 50 ema beautifully.
3. A series of lower highs and lower lows are forming. Am expecting the price to pull back to the 38.2% or 50% fibo levels (entry for shorts)
4. Stoch is currently showing an oversold situation, am expecting some retracement to the trendline/ema21 before going further downside.
5. Bearish is still in control based on weekly, daily and h4 TF. Don't go for any buy now.
Trade safe all ;)
تم فتح الصفقة
+90 pips on my sell limit and +50 pips on my entry at 38.2%. Down GU, down!أغلقت الصفقة: تم الوصول لوقف الخسارة
Trade became invalid, SL was hit. About -160 pips
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.