GBP/USD Short from Double TOP + 50% Fibo | Breakout coming SHORT

18 Ağu 2022

As predicted yesterday the price after a local Double TOP on the dynamic resistance with a rebound on 50% Fibo, started to fall down approaching support of 1.200 where a possible breakout will see the pound dropping down until our possible target. Now the price is under the 50 and 100 Moving average with the Stochastic over the Overbought area and the RSI definitely turned bearish. All these clues are in favor of our Idea about a SHORT Setup.

18 Ağu 2022

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✅ INITIAL IDEA

18 Ağu 2022

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✅ TODAY