GJ
GJ short
Gj on the daily time frame has come and rejected the 0.618 retracement level showing a big rejection from yesterdays candle stick
4 hour time frame we have failed to create a new higher high
1 hour time have respected the counter trend line
failed to create new higher high
if we can break previous support @130.500 which has acted as support if market can break that level
and retest confirming market is ready to continue to the down side
Potential 1:5 RR
although GBP news is schedule tonight @1030pm EST
Gj on the daily time frame has come and rejected the 0.618 retracement level showing a big rejection from yesterdays candle stick
4 hour time frame we have failed to create a new higher high
1 hour time have respected the counter trend line
failed to create new higher high
if we can break previous support @130.500 which has acted as support if market can break that level
and retest confirming market is ready to continue to the down side
Potential 1:5 RR
although GBP news is schedule tonight @1030pm EST
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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.