GBPUSD - 31 May 2022
Price tried to put in a new HH after taken out the previous daily high, but in 15mTF we can clearly see price has insufficient bullish momentum to put in a new HH, instead it failed, now supply has taken back control, I will be favoring short atm until price taken out significant SSL or turn back into bullish.
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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.