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No trade zone GBPUSD - but a foresighted view
British Pound / U.S. Dollar
No trade zone GBPUSD - but a foresighted view
By UnknownUnicorn9344165
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Updated
Sep 7, 2021
1
Cheer
Cheer
Aug 5, 2021
We are currently in a no trade zone in GBPUSD.
Depending on which Diamond Pocket is approached first, a setup results:
Variant A: We test the resistance above and are rejected there for the time being, target area would be the current 4h SR.
Variant B: We lose the 4h S/R here and find support at the lower Daily S/R levels.... Target would be a renewed test of the current 4h S/R.
Wait and see. Happy trading
__________________
BullvsBear Academy
Sep 7, 2021
Trade closed: target reached
fibnoacci
GBPUSD
Technical Indicators
resistance_level
support
Trend Analysis
wavereader
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