I have missed a big MA bounce short entry on GBPUSD. Now Im not taking position just following where the price drops and where it shows some consolidation.
Comment:
Some upbeat comments arrived on the Brexit-deal + GBP reached oversold territory
Retail traders positioning: 58% short -> good chance GBP will rally further
I have no clear entry signal yet, besides divergence from 200 DMA.
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Retail traders positioning: 58% short -> good chance GBP will rally further
I have no clear entry signal yet, besides divergence from 200 DMA.