GBPUSD SHORT
Through the start of the week, I shorted on the GBPUSD at an OB that happened to be invalid and banks managed to pull me out at break-even, Anyways the run candle managed to be a BSL purge run. The candle reached the typical 20 PIP institutional run before staying under that. The new OB managed to reject price allowing the price now to finally plunge. Overall I'm expecting the SSL to be hit again this week. The bear market FIB states to be a premium market meaning banks would be selling their long positions now to make a new low. However, in the overall trend in general (daily) we happen to also be at a discount so I would also expect after a few SSL runs we can have a huge bullish rally to a new high.
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