GBPUSD live chart
After the massive dump from Fomc news event, price has retraced back into the range. so going forward into this week trading, i would favor more of shorting opportunities because when you look at the 4hr chart we've already had market structure shifting bearish.
If the market eventually takes out the buyside liquidity resting below 1.26200 round fiqure, we wait for chart patterns and candle sticks confirmation before considering taking a shorting position.
this is not a financial advice just my opinion on what i think the market may likely do next. so stay safe
If the market eventually takes out the buyside liquidity resting below 1.26200 round fiqure, we wait for chart patterns and candle sticks confirmation before considering taking a shorting position.
this is not a financial advice just my opinion on what i think the market may likely do next. so stay safe
Trade closed: target reached
Justas we outlined earlier, price has delivered as expected.
Stay safe
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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.