Possible GBP/USB bearish movement
DXY seems to be bullish.
The price has broken out of the HTF reversal structure and already formed a LTF continuation correction; followed up by a bearish impulse (LTF)
I'm expecting one more LTF continuation correction to form: If it forms into one, I will probably enter the position
The price has broken out of the HTF reversal structure and already formed a LTF continuation correction; followed up by a bearish impulse (LTF)
I'm expecting one more LTF continuation correction to form: If it forms into one, I will probably enter the position
Trade active
Entered at 1.27060 and currently running at +1% profit with my SL set to BETrade closed: stop reached
Price reversed back up and hit my SL for a BE (0% P/L)
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.