GbpUsd midweek revearsal
Had a trade setup before this for GU short. However, based on price action after the Fed Interest rate we saw price wick to the top @ 1.15647 without taking the high @ 1.15663 (1.6pips). Due to where we are in the week, I am considering the odds of a pullback to take out the high at 1.15647 and potentially end the week strong for a stronger higher move next week. The picture painted was one where we are left with a Huge wick on the 1H. So far, a long limit is set @ 1.338 with a SL @ 1.1305 and a TP at the devils wick high (1.15647). If under 1.1305, 1.1195 is next target for downside and this study is void.
Trade active
Check this 1.1363 level has a chance to also be a area for reversalTrade active
1.1337 I entered a longTrade closed: stop reached
Trade active
Look like the weeks bottom is in
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