GBPUSD short
GU has been rejecting this area for some time and Im thinking it may do so again
how ever im not in the trade because im waiting for a pullback to this zone which may be happening now..
on the other hand I follow the markets not predict them, so if I see price break this resistance zone I'll wait for the confirmation before going long..
how ever im not in the trade because im waiting for a pullback to this zone which may be happening now..
on the other hand I follow the markets not predict them, so if I see price break this resistance zone I'll wait for the confirmation before going long..
Note
breakeven trade.. becaus ei was in profit up around 15 pips before reversing.. now we can look for longs. since resistance is now support..
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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.