https://www.tradingview.com/x/0xQcVZ3g/
Taking a look at the Pound we are in a bullish move on the weekly,
on the weekly and daily we can clearly see that a inverse H/S has formed
and we are getting a pullback. Pulling a fib from the right shoulder up to
the most recent HH, we can see that the 618 and 786 align with weekly imbalance
these will be my AREAS of INTEREST, looking for a pinbar or a double to (High probability setups)
The 4hr is bearish and is continuing to create LH and LL, i expect more short term
downward movement, reaching the 618 or 786 fib and then we will get a push.
Therefore I am looking for buys.
Taking a look at the Pound we are in a bullish move on the weekly,
on the weekly and daily we can clearly see that a inverse H/S has formed
and we are getting a pullback. Pulling a fib from the right shoulder up to
the most recent HH, we can see that the 618 and 786 align with weekly imbalance
these will be my AREAS of INTEREST, looking for a pinbar or a double to (High probability setups)
The 4hr is bearish and is continuing to create LH and LL, i expect more short term
downward movement, reaching the 618 or 786 fib and then we will get a push.
Therefore I am looking for buys.
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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.