• Vasily Trader

GBPUSD: Key Level Ahead!!! (Trading Plan)

⚠️GBPUSD is approaching a major weekly/daily structure.

1.338 - 1.348 is a strong supply area.

Chances are high that we will see at least a pullback from that.

Our confirmation will be a bearish breakout of a rising wedge pattern (can be identified on 4h-10h charts).

Wait for a confirmed violation with multiple candle closes outside that before you short.

Goals will be 1.32/1.3125

(in case of a daily candle close above the zone, setup will be invalid)