GBPUSD Bullish but price too high, sto overbought
GBPUSD
1DTF
Observation:
Bull, Higher High Higher Low
Rainbow Bull
Top Tweezer
STO Overbought @86.47
USD Inflation
GBPUSD broke weekly resistance zone on 7th Jan and testing current resistance zone 1.36821-1.37572
Using our system, currently not ideal to enter as the price is too high. Awaiting retracement to enter our trade.
Trade Idea
Buy @1.34971-1.36042
TP1: 1.37042
TP2: Let profit run
SL: 1.33971
Join our discussion @ tradingview.com/chat/
1DTF
Observation:
Bull, Higher High Higher Low
Rainbow Bull
Top Tweezer
STO Overbought @86.47
USD Inflation
GBPUSD broke weekly resistance zone on 7th Jan and testing current resistance zone 1.36821-1.37572
Using our system, currently not ideal to enter as the price is too high. Awaiting retracement to enter our trade.
Trade Idea
Buy @1.34971-1.36042
TP1: 1.37042
TP2: Let profit run
SL: 1.33971
Join our discussion @ tradingview.com/chat/
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