GBPUSD Sell continuation

347
Price is currently ranging in-between two major zones, Daily (blue) and Weekly (Gray). At market close, we see that the daily candle closed bearish on a Daily zone, which is now in confluence with the higher time frame momentum. As price is moving, GBPUSD also rejected this 4 Hr zone (Purple), closing as a bearish engulfing on the 1 Hr and 15 minute. Looking to enter sells at the retrace and hit these potential take profit points highlighted in green.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.