GBPUSD Outlook 4/22
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Crazy scenes from GBPUSD this week, price is obviously completing higher timeframe objectives. Price is approaching a 8hr mitigation. If price retraces to supply and gives signal without having mitigated this zone, then sells are valid.
Buys are valid if price interacts with zone and gives CHoCH on at least 5 min.
Price is unlikely to buy all the way up from here, expect a dirty consolidated reversal, take profit conservatively, look to see what demand and supply zones are created during the week.
Buys are valid if price interacts with zone and gives CHoCH on at least 5 min.
Price is unlikely to buy all the way up from here, expect a dirty consolidated reversal, take profit conservatively, look to see what demand and supply zones are created during the week.
Nota
Trade idea
Let the algo show you its hand.
Penafian
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