GBPUSD: Classic Bearish Setup 🇬🇧🇺🇸

Short

Livre sterling / Dollar américain (OANDA:GBPUSD)

Mis à jour

OANDA:GBPUSD Livre sterling / Dollar américain

wedgepattern parallelchannel mtfa gbpusd usdollar priceaction priceactionanalysis priceactiontrading priceactionstrategy

GBPUSD is trading in a rising wedge pattern on 4H.
The price reached its resistance yesterday.

Analyzing the reaction of the price to that on 1H time frame, I spotted a triple top formation
and a confirmed neckline breakout.

I believe that the pair will drop now.
Goals: 1.20915 / 1.2045

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Commentaire:

Check my new idea on USDCAD:

USDCAD: Breakout & Bearish Continuation 🇺🇸🇨🇦

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