usera9

Waiting for a short setup

FX:GBPUSD   British Pound/U.S. Dollar
34 0 0
The candle pattern formed Friday is a very small dark cloud cover at a monthly res level (red line)+ rising diagonal res line.
A lot of former res now supp zones (red arrows - light blue rectangle ) make this setup not so attactive from R:R point of view. Also to be considered the small bull channel and the ascending diagonal supp line).