sebslifeatmfx

sebslifeatmfx

Only looking for longs.. daily timeframe, waiting for the break of the counter trendline, just watching the pullback, waiting on price to form the higher low :)

sebslifeatmfx

break and retest, 20 pip stop, 1% risk, 1:3rrr minimum! let's go! Happy sunday!

sebslifeatmfx

if the double bottom plays out on the dollar index (dxy - see previous post) and we get nice confirmation, I'll be looking to take this double top short on gbpusd, I'll be waiting for confirmation alike here too! Currently waiting on price to be done correcting to previous highs

sebslifeatmfx

Last time DXY was at this level (10th March), it was respected as support and shot up bullishly...same again? Let's wait and see

sebslifeatmfx

Dollar up this week?

sebslifeatmfx

beautiful head and shoulders on gbpusd, break and retest of neckline! classic.

sebslifeatmfx

descending channel to take advantage of, multiple touches, relatively tight stop, let's see what candle we get printed.

sebslifeatmfx

new lower high, if you also watch the dollar index (dxy), a double bottom could play out quite nicely which would also further my short bias on the cable, what's your thoughts? edit: notice the double top and break of structure, it looks like we are getting a retest of the descending trendline

sebslifeatmfx

I'm seeing the pound correcting at the moment, I will be waiting for signs that price is bullishly exhausted prior to considering shorts, price is approaching a level of interest: Looking to take a 1:6 rrr short, 1% risk / monitoring DXY #1

sebslifeatmfx

taking a shot, 1% risk

sebslifeatmfx

Comment back and let me know what you think // technical analysis Insta @sebslifeatm