Hello everyone, we got a potential sell zone around this zone for GBPUSD.
HTF Trends (D & W) indicate a bearish trend and it does seem like GBPUSD might be seeking to take out liquidity before continuing its move.
For my entry confirmation I will be looking out for rejection and see if we can get any clear patterns.
I expect the move to happen at most late during new york session.
Let me know your thoughts!
HTF Trends (D & W) indicate a bearish trend and it does seem like GBPUSD might be seeking to take out liquidity before continuing its move.
For my entry confirmation I will be looking out for rejection and see if we can get any clear patterns.
I expect the move to happen at most late during new york session.
Let me know your thoughts!
Note
No clear entries for me *yet* for this idea.
Note
No trades taken yet. No entry confirmations, orange zone could be buyer trap, however I wouldnt recommend to force anything from here on.
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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.