GBPUSD 4 hrs Short opportunity; bouncing from channel resistance
GBPUSD is bouncing from daily channel resistance
Dowanward move in wave C of wave 4 may be starting.
Stoch 76,4,4 seems to be rebounding and crossing below 80
4 hr prices closing below EMA 13
divergence between wave 3 & 5 of wave c of wave b
Entry Point: 1.3895
SL: 1.3995
TP1: 1.37985
TP2: 1.3752
TP3: 1.371
TP4: 1.366
Dowanward move in wave C of wave 4 may be starting.
Stoch 76,4,4 seems to be rebounding and crossing below 80
4 hr prices closing below EMA 13
divergence between wave 3 & 5 of wave c of wave b
Entry Point: 1.3895
SL: 1.3995
TP1: 1.37985
TP2: 1.3752
TP3: 1.371
TP4: 1.366