GBPUSD possibly bearish scenario
Price will go above 1.378 to reach above the equal highs to capture liquidity and a possible scenario is price will hit a key level @1.38110 and retrace to below the equal lows at 1.368.
DXY has very obvious bearish market structure forming which makes me think we can see a move to the upside to capture some liquidity.
Sell@ 1.38110
SL: 1.387
TP: 1.357
Levels to look for early profit taking:
1.37770,1.37, 1.367,
1.384 level can be early SL depending on how price action forms around there.
DXY has very obvious bearish market structure forming which makes me think we can see a move to the upside to capture some liquidity.
Sell@ 1.38110
SL: 1.387
TP: 1.357
Levels to look for early profit taking:
1.37770,1.37, 1.367,
1.384 level can be early SL depending on how price action forms around there.
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