Sell GBP/USD Bearish Channel
The GBP/USD pair on the M30 timeframe displays a potential selling opportunity due to a well-defined bearish channel pattern.
Sell Entry: Consider entering a short position around the current price of 1.2580, positioned close to the channel resistance. This offers an entry point near a potential reversal zone.
Target Levels: Initial bearish targets lie at the support levels of 1.2501 and 1.2453, marking previous support zones within the channel.
Stop-Loss: To manage risk, place a stop-loss order above the broken channel resistance line at 1.2615. This helps limit potential losses if the trend unexpectedly reverses.
Thank you.
Sell Entry: Consider entering a short position around the current price of 1.2580, positioned close to the channel resistance. This offers an entry point near a potential reversal zone.
Target Levels: Initial bearish targets lie at the support levels of 1.2501 and 1.2453, marking previous support zones within the channel.
Stop-Loss: To manage risk, place a stop-loss order above the broken channel resistance line at 1.2615. This helps limit potential losses if the trend unexpectedly reverses.
Thank you.
Trade aktif
Komentar:
Running in Our Direction
Running in Our Direction
👉👉 Join My Telegram Channel :
✳️✳️ Free Forex Signals & Technical Chart : telegram.me/kabhifx
📞📞Whatsapp me @ (+91) 97888-12123
✳️✳️ Free Forex Signals & Technical Chart : telegram.me/kabhifx
📞📞Whatsapp me @ (+91) 97888-12123
USD - Building Permits
USD - PPI