Veejahbee

GBPUSD Simple Price Action Trade Setup

Short
FX:GBPUSD   Livre sterling / Dollar américain
Hi Traders!
It has been a while I posted here. I caught a bug around June so I had to take a break to get proper treatment and heal myself.
Remember guys! Your health is your greatest wealth. The market is going nowhere, it will always be there as long as the human race continues to exist.

Trading has to deal with mental and psychological wellbeing. When you're sick you won't be in the right state of mind to trade perfectly. So always take some time off trading to get treated whenever you're sick so you can bring a feeling of peace into your body.

Your trading can move in a new direction that will guarantee you are inviting ease, flow and even “miracles” into your life.

BACK TO GBPUSD ANALYSIS:
1. In the chart above, the price made a double top pattern and break out of the inner trendline.
2. Price also made a 4HR bearish flag/corrective pattern and price has broken one of it's Counter Trend Line (CTL) that's visible on H1.
3. Price has the potential to move lower towards the major trendline and beyond in the days ahead.

I will be watching how this plays out.

Support this analysis with your like and comment and also follow me to enjoy more trade ideas/setups using different trading strategies.

Safe Trading,
Veejahbee.



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