GBPUSD SHORT M15 ANALYSIS - PRICE AT TOP OF BEARISH FLAG
Hey traders, after today's volatility due to the FOMC interest rate decision, price has started to calm down.
On the H1 and M15 charts for GBPUSD I see a bearish flag pattern, which is a continuation of the bearish move I saw last week.
We have a pinbar for price action to confirm sellers coming in, with a follow up down move.
The stop loss is set just above the upper line of the bearish flag pattern.
The risk to reward is 2.85.
Daily trade analysis and ideas:
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ForexShinobi
On the H1 and M15 charts for GBPUSD I see a bearish flag pattern, which is a continuation of the bearish move I saw last week.
We have a pinbar for price action to confirm sellers coming in, with a follow up down move.
The stop loss is set just above the upper line of the bearish flag pattern.
The risk to reward is 2.85.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: www.facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: www.instagram.com/jaylen.forex/
Website: www.forexshinobi.com
Tiktok: @forexshinobi
ForexShinobi
