Conditions unchanged for GBP/USD (B6)
Updated
Hello! Been a busy week and traded late into Fri's session. I completely skipped the early session, choosing to strike after
the market settle down from Jackson hole. I may have miss some action but completely fine as any trade i try to take
will be more of a gamble then trading.
For now, the B6 started a rally after being oversold. I've mentioned that i'm not keen to short unless it rallies. Now, i'm presented
with the opportunity. I am targeting a larger bearish Cypher pattern, and i'm looking to trade intraday with pullbacks on the
1hr chart. For that, i'm going to present another ideal tommorow before the European Session.
At times, it is quite tough to trade opposite of your planned position, which is contrary to normal day to day decision you make in
life and is normal to feel unsettled. But if you are not comfortable with contrarian ideals, skip it. Don't think about it!
Trade active
Short position on the Cypher is filled.
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