• Vasily Trader

GBPUSD: Trend Line Retest Trading Plan (Trading Plan)

GBPUSD broke a strong rising trend line on 4H yesterday.

Now we see its retest.

On 1H chart the price has formed a double top formation with a lower high.

1.365 is its support. Wait for an hourly candle close below that, then sell aggressively or on a retest.




In case if we see a new higher high on hourly, the setup will be invalid.

1 view
  • TradingView
  • Telegram
  • Instagram
  • YouTube
  • FaceBook
  • Twitter

©2020 by VasilyTrader