Random trade idea on GBPUSD .. I have no clue about FX. DYOR.
Purley based on DXY bias, S/R and PA patterns
Purley based on DXY bias, S/R and PA patterns
Trade active
Note
If dxy turns at daily support, this might retrace, so just keep eye on things and don't let it retrace to entryNote
Nice rejection on the 1hr trend. Not sure why GBP is having strength .. apparently some deal signed ? cause dxy is not really showing weaknessNote
ignore the DXY part. just notices bearish rejection of trendNote
not looking goodNote
ISM report coming out hot is not good for this trade.. pushed $ up, but lets see.. maybe GBP will follow
Trade closed: stop reached
I was really hopping EU/GBP will have more strength over $. but allas, Trading is fun
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.
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.