GBPUSD - Buy Setup

Updated
GBPUSD

Dxy is dropping for a retracement, while foreign currencies are going higher for a retracement as well.

15/5m; Price dropped into a discount level, followed by bullish shift in market structure.

RR: 5.8
Order cancelled
Price hit my target without retracing to pick my order.
Beyond Technical AnalysisgbplongGBPTRYGBPUSDictictconceptsMultiple Time Frame AnalysispounddollarpoundsterlingSMCSupply and Demand

Also on:

Related publications

Disclaimer