There is a strong previous high that the price is approaching and possibly will not break. We will wait to see price action at the point of interest
This Shorting opportunity could also be an opportunity for an entry for a longer term hold. GBPUSD on the move for a longer term sell so we are looking for opportunities to ride the wave down. - FVG at 0.79 fib level as point of entry - Asian range highs are taken out - Previous liquidity has to be taken out - Targeting the previous low
My set up is not clean at the moment but we are looking for a longer term shorting opportunity on EURUSD. There are price imbalances left behind as price is climbing (possible short term buys??) What are your thoughts