Hello dear traders,
In the last couple of days we got stucked in the side movement near lowest Margin Zone ( where our take profits are).
I suggest to close the all trades right now!
Since price started to accumulate we have high chance for reversal. Let's wait for some liquidity pulled in the market.
Also check the Monthly CME Borders for GBPUSD ( we are on the lower border).
The best scenario would be one more strong bearish impulse to MARGIN ZONE and WEEKLY LOW and that would be a fake break-out of the Monthly CME Border. Which is strong signal for a reversal =)
Good luck
In the last couple of days we got stucked in the side movement near lowest Margin Zone ( where our take profits are).
I suggest to close the all trades right now!
Since price started to accumulate we have high chance for reversal. Let's wait for some liquidity pulled in the market.
Also check the Monthly CME Borders for GBPUSD ( we are on the lower border).
The best scenario would be one more strong bearish impulse to MARGIN ZONE and WEEKLY LOW and that would be a fake break-out of the Monthly CME Border. Which is strong signal for a reversal =)
Good luck
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Watch out for the nearest LL, Price can hit that level and than reverse. Actually it's the best scenario which we can get, since RR will be so sweet !
