GBPUSD is Ready to Go Down(➡️RR=2.58)

🏃‍♂️GBPUSD is moving in the 🔴Resistance zone($1.256-$1.250)🔴and near the Yearly Pivot Point and 200_EMA(Daily).

💡According to the theory of Elliott waves, GBPUSD seems to have completed five impulse waves. And now we have to wait for correction waves.

💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.

🔔I expect GBPUSD to continue falling at least to the 🎯Target🎯I have specified on the chart.
--------------------------------------------------------------------------
GBPUSD

🔴Position: Short

✅Entry Point: 1.2555 USD (Limit Order)

⛔️Stop Loss: 1.2600 USD

💰Take Profit: 1.2439 USD👉Risk-To-Reward: 2.58

⚠️Please don't forget to follow capital management.

⚠️Please pay attention to the style of opening the position.
--------------------------------------------------------------------------
GBPUSD

🔴Position: Short

✅Entry Point: 1.2504 USD (Stop Limit Order)

⛔️Stop Loss: 1.2552 USD

💰Take Profit: 1.2439 USD👉Risk-To-Reward: 1.35

⚠️Please don't forget to follow capital management.

⚠️Please pay attention to the style of opening the position.
--------------------------------------------------------------------------
British Pound/ U.S.Dollar Analyze ( GBPUSD ), 1-hour time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

Сделка активна

Комментарий:

If GBPUSD touches $1.250, you can Risk-Free your position.

Сделка закрыта вручную