Short GBPUSD on Bearish Engulfing Pattern

Short GBPUSD on Bearish Engulfing Pattern

GBP/USD OANDA:GBPUSD




Looking at the Ichimoku Cloud the downtrend on the GBPUSD still looks in place.
I will be shorting on the retrace of today’s candle.

Here are today’s entries in my trading log:
Date Pair Direction Trade Trend Level Signal Entry
2019-06-25 USDCAD Short With trend Down Horizontal Resistance Inside Bar break
2019-06-25 GBPUSD Short With trend Down Horizontal Resistance Engulfing retrace

Leave a Reply