GBP/USD PART 2: 4H view, SHORT coming this week
This is a zoomed in follow-up on my GBP/USD -0.18% PART 1 setup.
Last week we got rejected pretty hard, failed to make a higher high, dumped and formed this red block on the 4H which should now act as resistance.
I'm expecting the week to open with some further dumping(not worth playing), possibly into the lower red 4H breaker, retrace back into the higher one, and proceed to sell off to the weekly breaker I outlined in PART 1.
Original idea by Svarog https://www.tradingview.com/chart/GBPUSD/z90yBBpD-GBP-USD-PART-2-4H-view-SHORT-coming-this-week/
Last week we got rejected pretty hard, failed to make a higher high, dumped and formed this red block on the 4H which should now act as resistance.
I'm expecting the week to open with some further dumping(not worth playing), possibly into the lower red 4H breaker, retrace back into the higher one, and proceed to sell off to the weekly breaker I outlined in PART 1.
Original idea by Svarog https://www.tradingview.com/chart/GBPUSD/z90yBBpD-GBP-USD-PART-2-4H-view-SHORT-coming-this-week/
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