CABLE SHORTS BEFORE POSSIBLE UPSIDE
GBPUSD has seen consistent shorting since the last week of September and we just might be seeing the tail end of that sell move in the short-mid term as a retracement is expected.
Having spotted last Wednesday's high as possible liquidity for selling, I anticipate seeing the 1.30775 high cleared to give us entry for shorts, taking us below previous week's low.
LloydFx
Having spotted last Wednesday's high as possible liquidity for selling, I anticipate seeing the 1.30775 high cleared to give us entry for shorts, taking us below previous week's low.
LloydFx
Order cancelled
Setup is no longer valid as price as now traded below previous week's low which was our DOL as predicted without making it to our AOI before collapsing.Note
We could come back to this on Cable.
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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.