cheesetoast
Short

GBPUSD Supply zone 4hr chart

FX:GBPUSD   British Pound/U.S. Dollar
Price fell away sharply and has not revisited this level indicated a strong supply zone .

Likely to be more sell orders pending at 1.53780.

Initial targets set at approx 2:1 but will adjust depending on how price arrives at the supply zone .

So your looking for price to go up around 1.53 level and then you will go short ?
Reply
Yes. Looking at how price fell away from here so quickly suggest there are still large sell limit orders from banks etc that did not get filled.
Reply
cheesetoast cheesetoast
sorry at 1.538, not 1.530
Reply
KayJay cheesetoast
ok
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out