Bias: Long
Looking for longs on GBPUSD from 1.23010(calibrated from 1.23009). Seeing if this is a false reversal pattern or a actual reversal pattern. I expect to go in profit entering at that level but I would need the test to take place after 3am. expecting a reach for HTF PA. We did just take recent EQH but im still expecting a push a little higher.
Looking for longs on GBPUSD from 1.23010(calibrated from 1.23009). Seeing if this is a false reversal pattern or a actual reversal pattern. I expect to go in profit entering at that level but I would need the test to take place after 3am. expecting a reach for HTF PA. We did just take recent EQH but im still expecting a push a little higher.
Note
Early test of the OB turns my attention to the one lower. which should allow my stop rest low enough for AR low to still be taken
Note
Even lower maybe?
Trade active
Trade closed: stop reached
not sure where that spike came from but it took us out at -17 pips some type of manipulation maybe? im not sure but it was unusual so im not even going to attempt to figure out why. Things like this make trading interesting market says we took too many dubs last week had to be humbled lol
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What I expect next but I wont be in anything else since it is Monday and the market just showed me in decisiveness
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until we break the low or high of that indecisive candle i expect price action to be choppy weird
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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.