GBPUSD Short Opportunity
I'm looking for the market to fill the gap left my the market open. These gaps typically get filled 80% of the time. We are also at a solid are of resistance on the 1 hour and 4 hour time frames, and the move would complete at a 50% Fib Retracement of this leg, which happens to be right at the point where the gap would be filled. I also have Bearish Divergence on the RSI. Let me know your thoughts.
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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.