GBPUSD shows bearish momentum with further confirmation by CPI (YoY) news for this month.
Trade Plan ( Bearish Bias)
(1) Dow Consecutive two LHs and LLs
(2) Printed high volume bearish candle, that broke previous resistance and confirms price action in bearish momentum
Placed Sell Stop instead CMP.
Placed TP at 61.8% Fib Level
Placed Stop Loss at previous LH
Trade Plan ( Bearish Bias)
(1) Dow Consecutive two LHs and LLs
(2) Printed high volume bearish candle, that broke previous resistance and confirms price action in bearish momentum
Placed Sell Stop instead CMP.
Placed TP at 61.8% Fib Level
Placed Stop Loss at previous LH