GBPUSD H16: SHORT IT from range highs. TP +200/+400(SL/TP)(NEW)

١٠ يناير ٢٠٢١GBPUSD H16: SHORT IT from range highs. TP +200/+400(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more losses
short-term.

🔸 Summary and potential trade setup
::: GBPUSD 16hour/candle chart review
::: still remains locked in range
::: not expecting a breakout yet
::: at least one final throwback into
::: PRICE/ RSI div on 16 hour chart
::: lower risk setup is SHORT from HIGHS
::: BEARS will take over soon
::: just short it now TP +200/+400
::: SHORT/HOLD setup with great risk:reward
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: fresh demand zone
::: fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS