wigtrade

GU Source based analysis H1

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
GU at major bull exhaustion , longer term expectation a continuation down

price not showing any bearish confirmation yet of our expectation so any short entry on M15 with caution

breach of greenzone below can be viewed as first bearish confirmation following minor rejection of greenline exhaustion overhead

until then immediate expectation remains NSH then look for weakness to enter short

Source based analysis, Price can only tell us all it knows of source.

Get close to price, get closer to source.


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