GBPUSD SELLSo here we have price forming lower highs and respecting our MA's. I don't usually rely this much on my MA's but since price has repeatedly rejected on the 30 min TF during the London session, theres indication buyers don't have enough liquidity in the market, and with US news coming out shortly and giving the economic month we had in December last month, the dollar could increase due to consumer spending. I'm price to retest my entry level for more confirmation in a bearish trend. Hopefully my SL isn't too tight lol. Please leave some feedback!
Thegoat
SPY!st person with this analysis... i like being ahead of the game...
shorts incoming back to 430s... inverse h/s possible... Now until end of Dec goes short... Jan-Feb rally possibly to the ATH then i want to believe it gets ugly from there but we will have to wait and see what happens next. I'll link this to the inverse h/s zoomed in.