I open a short for this GBPUSD. In my opinion, the price will go back to lowe in short movement based on the montly trend.
I am looking for sell signal in this resistance area
I am waiting this price to go up in the blue line around 1.397/8xxx then find the confirmation pattern to go short.
I guess investors start to look at the new digital banking such as jago / ARTO. Based on this trend, I see sideways in BBCA, it is still possibly goes deeper since the pandemic in Indonesia still high. I would wait to buy some more in lower price.
I will wait this price to go up to resistance in 1.195xxx and wait for confirmation to go sort. This would possibly happens in few days.
It seems that the price is in the right place to buy. Right in the support. But, I am a trend following trader and my 5-20 EMA are crossing and pointing to go short, I'll wait the price to go up and give me some sign to set the trade. So, i prefer to be neutral this time. Happy Trading!