Overall I have a bearish bias on GBPUSD. Lower timeframes are aligning with higher timeframe IOF. Ideally I would like to see price trade lower into 1.17769 before trading higher to grab buyside liquidity @ 1.19761, ultimately trading below and out of the 1.20000 - 1.17500 quarter level. 1.18750 half point is the EQL of the range. Could see price trade directly to 1.19761 either way from 1.19761 I will look to go short on GBPUSD out of the current quarter level trading range.
Comment:
ACTIVE
ACTIVE
Comment:
Stops in profit could see price retest entry area
Stops in profit could see price retest entry area
Trade closed: stop reached:
Stop profit hit.
Stop profit hit.
Comment:
AR lows holding as res and possible formation of reversal pattern caused me to move stops in profit. Could still see the trade playout without reaching original stop. Its monday and I wasn"t willing to start the week off at a lost.
Looking for long position