GBPUSD Short-term Buy and Long Term Sell
Long-term Sell
Triple confirmation:
1. Level 1.37500
2. Trend line re-test
3. Zone Retest
Enter short on:
1. A confirmation bearish candle as price fails
2. Break of counter-trend line (Once Formed)
ADDITIONAL CONFIRMATION: Look for strength of the USD on the DXY
Short-Term Buy
Short-term counter trend trade possible off level 1.37000 (Buy)
- Look for slight weakness on DXY
- Wait for bullish confirmation on level 1.37000
*Price may also go lower towards previous liquidity area around 1.36800-1.36822
Triple confirmation:
1. Level 1.37500
2. Trend line re-test
3. Zone Retest
Enter short on:
1. A confirmation bearish candle as price fails
2. Break of counter-trend line (Once Formed)
ADDITIONAL CONFIRMATION: Look for strength of the USD on the DXY
Short-Term Buy
Short-term counter trend trade possible off level 1.37000 (Buy)
- Look for slight weakness on DXY
- Wait for bullish confirmation on level 1.37000
*Price may also go lower towards previous liquidity area around 1.36800-1.36822
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