GBPUSD: Trendline Traps
This trendline is creating obvious liquidity that needs to be purged.
The false bearish lure move of the morning suggest sellers have been trapped and therefore need to be stopped.
When they get stopped out I will look for a solid retracement to go long with the team.
What do you think of this idea?
The false bearish lure move of the morning suggest sellers have been trapped and therefore need to be stopped.
When they get stopped out I will look for a solid retracement to go long with the team.
What do you think of this idea?
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