GBP Buy idea
Price has created a buy channel. Buy channel has been broken to the downside and there has been a break of structure inducing sellers into the market. Price has created a supply level for a sellers, adding more pending sellers. To me this seems to be a trap to go short. My idea is to go long and minimum TP would be last H4 high.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.