Projections of a sell entry for GBPUSD
Based on my analysis, GU has a strong selling possibility. This is regardless of the buy trend occurring on the monthly chart. Here are my two current confluences.
1. It has traded up to the major #supply zone in the Weekly chart.
2. The formation of a Gravestone Doji candle pattern on the 1-Week,1-day, and 4-hour chart, connoting a strong reversal.
3. The possibility of DXY reversal forming.
Let's be expectant, guys... This can be a good ride after all.
1. It has traded up to the major #supply zone in the Weekly chart.
2. The formation of a Gravestone Doji candle pattern on the 1-Week,1-day, and 4-hour chart, connoting a strong reversal.
3. The possibility of DXY reversal forming.
Let's be expectant, guys... This can be a good ride after all.
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