GBP/USD
No Trade setup on GBP yesterday.
Price took out support giving us a new B, lets see if
this will be the swing low we are looking for. We can only sell up at the
618/786, or buy BF786 after cs formations. We don’t have a BF setup as yet.
SHORT: Will be
going short only IF:
Price rallies up to the 618/786 and then gives us a
bearish cs formation, trade the 618 for 60 pips and the 786 will be a ST to the
BF786.
LONG: Will be
going long today only IF:
We need a swing high then a test of the BF786, we don’t have
that as yet, so no long trade setups on Sterling at present. If it changes
during the trading day I will post it.
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