GBP/USD SELL OPPORTUNITIES
GBP/USD 30M - This is another market I am looking to take part in this coming week, I just need the right confirmation in order to execute a position.
We have seen price penetrate a higher timeframe POI of mine and since then delivering us with bearishness. This is a great sign of a higher timeframe reversal and could suggest the start of the next higher timeframe impulse lower.
In order for me to get involved I want to see price trail up into a more refined POI and deliver me with a fractal BOS after an initial penetration, that would give me the confirmation to execute a position in this market.
My TP target would be set at the last structural low created and my SL would be set above the peak created from the penetration.
We have seen price penetrate a higher timeframe POI of mine and since then delivering us with bearishness. This is a great sign of a higher timeframe reversal and could suggest the start of the next higher timeframe impulse lower.
In order for me to get involved I want to see price trail up into a more refined POI and deliver me with a fractal BOS after an initial penetration, that would give me the confirmation to execute a position in this market.
My TP target would be set at the last structural low created and my SL would be set above the peak created from the penetration.
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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.