Short Term Shorts on GBPUSD
GBPUSD seems to be reacting around a confluence of price action areas with patterns that precede climax reversals [Three drives pattern]
Here, The confluences are a weekly rejection and daily order blocks with a 4H Fair Value Gap.
It is expected that this move, no matter how much impulse it comes with, would be a short term move as GBPUSD has shown to not be moving in sync with Seasonal Tendencies which is an indication of larger forces at play
Here, The confluences are a weekly rejection and daily order blocks with a 4H Fair Value Gap.
It is expected that this move, no matter how much impulse it comes with, would be a short term move as GBPUSD has shown to not be moving in sync with Seasonal Tendencies which is an indication of larger forces at play
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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.