10.01.2021

DAILY CHART SHOWS TREND LOWER

HOURLY CHART – FOCUS ON THE LAST LEG, THERE IS A EW COUNT THAT HAS THE 38.2% FIBO COINCIDING WITH WAVE 4. THAT OFFERS GREAT RISK REWARD TO SELL GBPUSD WITH A TIGHT STOP.

THIS SET UP HAS CONVEXITY.

OFFER 1.3600, WITH A 20 PIP STOP LOSS. GOOD FOR SUNDAY EVENING/MONDAY AM.