gbpusd
-Weekly 26 EMA pointing downwards.
-Price just passed under the 26 EMA.
-Weekly slow MACD crossover heading to the lower half.
-FED pausing rate cuts.
Short trades preferred.
-15 min consolidation with a short bias as the price is mainly on the lower half of the area.
Entry after the pullback on the lower extreme and a bearish candle-pattern confirming.
Stop loss above the negotiation area.
Target on some next reference point.
The trade give is indicative.
-Price just passed under the 26 EMA.
-Weekly slow MACD crossover heading to the lower half.
-FED pausing rate cuts.
Short trades preferred.
-15 min consolidation with a short bias as the price is mainly on the lower half of the area.
Entry after the pullback on the lower extreme and a bearish candle-pattern confirming.
Stop loss above the negotiation area.
Target on some next reference point.
The trade give is indicative.
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