GBPUSD Triple Top?

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SHORT - GBPUSD
SL: 1.30077 (Suggested by our algorithmic system)
TP: 128.24 (Suggested by our algorithmic system)

Reasons behind this idea:

1. Price on resistance level, tested 3 times

2. Bearish On Balance Volume Divergence

3. Accumulated/Distribution indicator showing signs of distribution.

4. MACD Bearish Crossover Signals


---------- Chart Drawings ----------

Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Box: Resistance Level
Red Arrows: Bearish Divergence
Purple Vertical Line: Suggested Stoploss by our algorithmic system
Green Vertical Line: Suggested Stoploss by our algorithmic system

Trade idea from our mobile app: ibb.co/K9nWCdC (Timestamp is in Australian Sydney Time UTC+7)

Please trade responsibly and good luck!

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تم إغلاق الصفقة يدويًا

Our test application moved the SL to prevent loss but it was stopped out for a 46.3% profit.

App screenshot ibb.co/2c2KH9R