The GBPPLN broke structure on the 240. It is in C wave of a daily ABC pattern so watching for a sell setup is a good idea. I would wait for a correction to structure before any sells.
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Clean breakout of structure. Will price test the previous support as resistance before the next move, or will the move break down to the lows right away from breakout? I guess we will soon all find out.
Patience is key, trade what you see, not what you think!
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Let's see how it open next week. Look for a buy setup using your trading strategy. This will be great for downside move, expecting a great result on this one.
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Lower open today, good opportunity to use your tested trading strategy to look for a sell setup.
Patience is key, trade what you see, not what you think!
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Great move to downside, hope you had a tested trading strategy to capture this move.