Hello Traders,
GBPUSD created a strong and fresh supply zone as you can see the long red candles out of the zone.
There is also the 0.618 fibonacci level in our supply zone which gives us further confirmation -> golden zone (works like magic)
Wait for price action to confirm an entry.
Please leave a like to support my work. 👍
Thanks for reading,
stibo 🥦
GBPUSD created a strong and fresh supply zone as you can see the long red candles out of the zone.
There is also the 0.618 fibonacci level in our supply zone which gives us further confirmation -> golden zone (works like magic)
Wait for price action to confirm an entry.
Please leave a like to support my work. 👍
Thanks for reading,
stibo 🥦
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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.
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.