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GBPUSD TA: Why I'm Looking Long At Lower Support

600
Hey Traders,

So I mentioned that GBPUSD will likely fall from Price Action Levels higher up.

We got exactly that and we still cannot see long side bias amidst a strong USD. Each push up and rebound on each level of support is causing minor bounces.

So, here is why I'm planning long entries below.

Watch to learn where and why.
Nota
Hold off any new longs until lower support likely next week.
Nota
Market is awaiting big change in sentiment. IF that is downside sentiment likely we will reach support zones labelled.
Nota
Still awaiting larger fall for new entries.
Nota
Looking for further falls. Lower TFs weak.
Nota
Focus on J hole Symposium
Nota
Awaiting tech levels.
Nota
Still awaiting larger falls. Light shorts on rises.
Nota
Keep eyes out for news this week; may dictate markets like GBPUSD
Nota
Big news day today. Entries set lower if we can get there under 125
Nota
Entered long.

Penafian

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