This is a zoomed in follow-up on my GBP/USD -0.18% PART 1 setup.
Last week we got rejected pretty hard, failed to make a higher high, dumped and formed this red block on the 4H which should now act as resistance.
I'm expecting the week to open with some further dumping(not worth playing), possibly into the lower red 4H breaker, retrace back into the higher one, and proceed to sell off to the weekly breaker I outlined in PART 1.
Original idea by Svarog https://www.tradingview.com/chart/GBPUSD/z90yBBpD-GBP-USD-PART-2-4H-view-SHORT-coming-this-week/
Last week we got rejected pretty hard, failed to make a higher high, dumped and formed this red block on the 4H which should now act as resistance.
I'm expecting the week to open with some further dumping(not worth playing), possibly into the lower red 4H breaker, retrace back into the higher one, and proceed to sell off to the weekly breaker I outlined in PART 1.
Original idea by Svarog https://www.tradingview.com/chart/GBPUSD/z90yBBpD-GBP-USD-PART-2-4H-view-SHORT-coming-this-week/
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.