GBPUSD- SELL OR DO NOTHING BELOW 1.3035
Manipulation phase is now over after a lenghty distribution phase.
Price has broken the high 1.30129 [StructuralPoint/Momentum-High] which has plenty of orders just above it.
Additionally, we have previously seen Two completed Structural failures to the downside before the price was manipulated back above the highs
in order to trigger the weak sellers stop loss.
This trade is now a High Probability SELL! @ 1.3035.
Add to your short position below 1.3035 after every rally below 1.3035.
Trade with care!
Charts247Trading.
Price has broken the high 1.30129 [StructuralPoint/Momentum-High] which has plenty of orders just above it.
Additionally, we have previously seen Two completed Structural failures to the downside before the price was manipulated back above the highs
in order to trigger the weak sellers stop loss.
This trade is now a High Probability SELL! @ 1.3035.
Add to your short position below 1.3035 after every rally below 1.3035.
Trade with care!
Charts247Trading.
Note
Patience is key with this one!. We now ha a higher entry. I will update when it is triggred.Trade active
SELL NOW!!!
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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.