Short GBPUSD - Bull Trap Set Up
Stops were raided on 1.30408
Price spiked into a daily supply zone from 1.305-1.306 and was rejected accordingly
Zooming in on lower time frames - Demand zones are being engulfed while supply zones are forming
I'm looking for additional downside - at least to fill that void from 1.29-1.30.
Good Luck!
Price spiked into a daily supply zone from 1.305-1.306 and was rejected accordingly
Zooming in on lower time frames - Demand zones are being engulfed while supply zones are forming
I'm looking for additional downside - at least to fill that void from 1.29-1.30.
Good Luck!
Trade closed: stop reached
Taken out by the wick unfortunately. On to the next one!
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