GBPUSD - Double IB and is it going to reach 50% OE?
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GBPUSD is compressing and making a double insider bar. After a compression,we usually get a big outburst move. We have placed our entry on the confirmation bar according to our smart money framework and the target for the 50% OE distance as indicated on the chart. Trader Order Details: GBPUSD(Short)
E - 1.2146 SL - 1.2332 T - 1.2040
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
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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.