GBPUSD SHORT FORECAST Q2 W16 D16 Y25
Thoughts- It's not if, it's WHEN !
All longs are null until the weekly order block has been breached or price drops considerably. In the here and now the short seems to be closing in.
It is as always important to stack confluences in favour of the short prior risking capital.
15' break of structure is an absolute requirement as this point of price action.
Within the higher time frame order block- looking for a lower time frame order block is not enough to short from therefore scrolling back months to find is pointless in our opinion.
We will let price show us, we will reaction with price.
What are your thoughts...
Are we dropping today?
FRGNT X
Thoughts- It's not if, it's WHEN !
All longs are null until the weekly order block has been breached or price drops considerably. In the here and now the short seems to be closing in.
It is as always important to stack confluences in favour of the short prior risking capital.
15' break of structure is an absolute requirement as this point of price action.
Within the higher time frame order block- looking for a lower time frame order block is not enough to short from therefore scrolling back months to find is pointless in our opinion.
We will let price show us, we will reaction with price.
What are your thoughts...
Are we dropping today?
FRGNT X
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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.
Related publications
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.