GBP/USD
No Trade setup on GBP yesterday.
We are still in the AB swing, price bounced off the 86
yesterday, if we get a test of the cs formation and then a bearish cs
afterwards it will be a sell signal on GBP.
Long entries will only be considered once price falls
down to the BF786, accompanied by bullish cs formations.
SHORT: Will be
going short only IF:
Price found resistance at the 86 of the AB swing, if we
get a test of yesterdays high and a clear bearish cs formation we will trade it
as a ST to the BF786.
LONG: Will be
going long today only IF:
Price falls to the BF786 and then gives us a bullish cs
formation. Stops below the cs formation. This will be a ST with limits set at
the A high since we have an 86 prior.
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