Another SHORT on the GBP I have. Looking to enter tomorrow with the right confluences to make the trade more in my favour. I am looking retrace up to the pevious level of support and a touch on the descending trendline. I want to see a bearish candle close when touching these levels otherwise I wont be entering. With the reaction off of the previous support and trendline, it will have the fibonacci levels of 50.0 and 61.8 as more of a confirmation that there is more downside for this pair.
Any questions feel free to message me and FOLLOW ME for MORE set ups.
Any questions feel free to message me and FOLLOW ME for MORE set ups.