Description
⋅ Apologies for the quite week, went to Shanghai for a week of work and meetings.
The internet connection there was horrible too, making it a chore to chart on tradingview.
Now that I am back, I want to share some ideas I have for next week.
First up is GBPUSD where I see a potential bullish shark completing next week on the h1 chart.
EP 1.2985 - 1.2995
SL 1.2940 (55)
TP 1.3250 (255)
Before the entry, I hope to see these happening on the volume indicator.
1. Big black bar signaling the big boys are starting to buy in
2. High effort, close strong candle
I might get in on the inital entry or the retest depending on how convincing #2 is.
Trade active
⋅
GBPUSD is ready for shorting.
I see a high vol push up failure aka upthrust.
EP: 1.3182
SL: 1.3240 (52)
TP: 1.2990 (192)Comment
⋅ 50 pips in the money for now.
Hopefully the 430 news can push it towards 1.3 where I might TP on my short and look for opportunities to long.
Comment
⋅ Shifted SL to 1.3180 to protect my capital.