Short into a Long for GBPUSD
Hey! hope all is well here's what I personally think GBPUSD will be doing!
I'm currently shortening the pair atm because of the recent zone that was broken, the market normally retraces to that zone to retest before going back into the original direction, In this case, that would be a UP move, I will be putting a "Buy Limit" at the blue line, I will personally be entering less than a percent of my capital on that Buy Limit area, and once I see some good movement for upside at that zone I'll be entering another 1%.
*Disclaimer: this is for educational purpose, and is to be taken with a grain of salt.
I'm currently shortening the pair atm because of the recent zone that was broken, the market normally retraces to that zone to retest before going back into the original direction, In this case, that would be a UP move, I will be putting a "Buy Limit" at the blue line, I will personally be entering less than a percent of my capital on that Buy Limit area, and once I see some good movement for upside at that zone I'll be entering another 1%.
*Disclaimer: this is for educational purpose, and is to be taken with a grain of salt.
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