Lingrid

Lingrid | GBPUSD reversal at RESISTANCE level and FALL

Short
FX:GBPUSD   Livre sterling / Dollar américain
The price perfectly fulfills my last idea. The price has broken through the ascending channel and pullback to it again to a retest. The market is ranging on the 4H timeframe. Price was rejected from this resistance zone multiple times before by forming fakeouts and long tailed bars. I look forward to testing resistance zone and rolling back towards support level from the downward trendline. My goal is to support at 1.19285



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