GBPUSD patience
My higher timeframe bias is still short for Cable, but the current location of price does not agree with a sellers bias in accordance with my edge.
In times like this, I'll just sit back on this pair and wait for the potential of a fresh push phase to the downside to give me indication of bears in the market.
Without this signal of bearish strength, I'll monitor price as it continues to move. This higher timeframe bias will only change should 4h structure give evidence towards a new long bias.
What's your plan for GU?
In times like this, I'll just sit back on this pair and wait for the potential of a fresh push phase to the downside to give me indication of bears in the market.
Without this signal of bearish strength, I'll monitor price as it continues to move. This higher timeframe bias will only change should 4h structure give evidence towards a new long bias.
What's your plan for GU?
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