Darius17
Short

GBPUSD short - Supply Demand - h4 - UPDATE

FX:GBPUSD   British Pound / U.S. Dollar
Hello Traders!

Quick Update on GU. Price went up to the Supply Zone . Now let's see how the price will respond to this zones. After a nice Price Action Signal we can jump into shorts. The Take Profit is the Support Level .

I also marked a possible Retest. This could be a nice opportunity to add positions or to jump into the trade.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.
Comment: still no confirmation yet. We are waiting
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Comments

Do you still consider it valid after it kinda broke resistance level?
Reply
Darius17 TradeGodfather
@TradeGodfather, still possible scenario to go down. yes. because we got another zone right behind
Reply
Seems to be showing no signs of slowing! Could it reach 1.24, maybe higher?
Reply
Darius17 JorvikPrince
@JorvikPrince, Yes you are right. Price simply went up. If this h4 candle will close bullish we will definitely see 1.24
Reply
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