Scalp long on GU

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Paun British / Dolar A.S. (FX:GBPUSD)

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FX:GBPUSD Paun British / Dolar A.S.

Supply and Demand Multiple Time Frame Analysis

Hello traders. This is my analysis on Cable today. I'm looking to go long until the first supply level. You can put your stops at 1.26637 if you want just to leave room for the market to breathe. Keep in mind that this setup is executed on the 5m timeframe. We will see how it plays out. Danko

Komen:

Be cautious of the news event that's scheduled 30 min after New York open.

Komen:

If market tests one of the 2 supply levels then this position will be invalidated

Komen:

This setup is invalidated. Plus CPI is just around the corner

Penafian

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