FX:GBPUSD   British Pound/U.S. Dollar
71 4 8
4h
Comment: GU cant get back on the level , so i go short for 400 pips
snapshot
Hi Stream, nice chart as usual. I am not as bold as you but I see supply hanging above which is a possibility
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stream kate25
Technicly , gu needs a rejection from 50% , or so called pull back , to be able to fonish the level to 1.235 , before the big run up
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kate25 stream
snapshot
looks like it is trying - I should have paid more attention to what was happening at the bottom of that chart - I think supply is still a viable option
Reply
stream kate25
i dont like to make things more complocated with supply and demant areas .. there are levels , so gu has to go up to get rejected .. Like every ne can see gu is not rejected from 1.50 , so by crossing 1.3 unlock a up test as well .. Add the rejection has to be not from 1.31 , but from 1.37

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