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GBPUSD D4: Strategic outlook / IHS BULLS / 1 000 pips correction

שורט
FX:GBPUSD   לירה שטרלינג / דולר אמריקאי
GBPUSD D4: Strategic outlook / IHS BULLS / 1 000 pips correction.
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect 1 000 pips
correction soon once we hit the neckline.


For my short-term update and BEST entry
on sell side review my other trade setup.
GBPUSD H8: SHORT IT! +500 pips TP BEARS. SHORT/HOLD


🔸 Summary and potential trade setup
::: GBPUSD 4days/candle chart review
::: updated revised outlook
::: maxed out / rejected at neckline
::: 1 000 pips downside remains
::: short sell any rips/rallies
::: BREXIT impasse weighs heavy
::: Right shoulder at 2060/2090
::: Dollar losses overextended now
::: Inverted H&S setup
::: 3400 neckline of IHS setups
::: strong downside next few months
::: TP BEARS is 2060/2090 1 000 pips
::: Recommended strategy: SHORT IT
::: SWING trade setup / no fast results here
::: big moves in FX next few months
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: MIXED/LIMITED UPSIDE
::: Sentiment outlook mid-term: BEARS/REVERSAL

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