Macro bias- Bearish GBP correlating with Bullish DXY.
Price on Monday cleared the equal lows(range).
Price has pulled back into the range during London session.
Entry Confirmation:
1. NY Open Killzone.
2. 70.5% fib level retracement.
3. Key level confluence with entry i.e 1.35750
4. Fair Value Gap to be filled.
Price on Monday cleared the equal lows(range).
Price has pulled back into the range during London session.
Entry Confirmation:
1. NY Open Killzone.
2. 70.5% fib level retracement.
3. Key level confluence with entry i.e 1.35750
4. Fair Value Gap to be filled.
Note
Sell Limit @ 1.35750 with 30pip risk and expected reward of 50pipsNote
expecting stop raids above previous day high.Note
Trade not activated on Tuesday. Still validNote
Sells @1.35799 Stop Loss @1.362 Take profit @.1.35
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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.