I still think GBPUSD wants 1.3090.
This could be a buy opportunity to ride up back up there. Or we may continue dropping. Proceed with extra confirmations!
Idea:
-We have cleared 2-3 Daily Lows and right under them is an untested point of control.
-We also have a bat pattern completing
If you don't make a full run for 1.3090 I would at least expect some sort of reaction.
Looking for an entry during London Open
This could be a buy opportunity to ride up back up there. Or we may continue dropping. Proceed with extra confirmations!
Idea:
-We have cleared 2-3 Daily Lows and right under them is an untested point of control.
-We also have a bat pattern completing
If you don't make a full run for 1.3090 I would at least expect some sort of reaction.
Looking for an entry during London Open
Note
If this current 4H candle can close above 1.2890 we may have just found support.Note
Entered For The R:R Note
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Your next setup is waiting—Subscribe for access to my weekly outlooks.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.