FX:GBPUSD   British Pound / U.S. Dollar
0
A bit confusing trading day... Had wasted about 30 pips during the asian session as I was in there but didn't took targets at 1.63944 which was a bit more then my 50% target. I've just taken a long order on an asian fakey and break above X at the second retest of 1.6418 but I don't like the structure that I'm seeing. Ive got two setups on two scenarios for today/tomorrow . The first one is a bounce of 1.6418 and I will say I prefer this entry. If the harmonic pattern gets filled I will take the pattern but I will be closely monitoring 1.6426 for a short entry down towards 1.6300. If we get some form of bullish pin bar at 1.6426 it would further support scenario 1. If level X doesn't hold. I will be on a bearish lookout towards 1.6300

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