GBPUSD Short possibility
GU ... We have now hit a strong hourly, daily, weekly, and monthly zone… Waiting to see if this daily will close bearisg… But this is a potential set up for next week
potential R:R of 1:4 or even 1:7
this is the 4th visit to this daily/weekly resistance, so it could potentially break through and invalidate this... OR if it can't break, it may have to dig deeper to gather enough liquidity for the push... this could even generate a potential of 1:11 R:R down around the 1.37 area
potential R:R of 1:4 or even 1:7
this is the 4th visit to this daily/weekly resistance, so it could potentially break through and invalidate this... OR if it can't break, it may have to dig deeper to gather enough liquidity for the push... this could even generate a potential of 1:11 R:R down around the 1.37 area
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