miyako.pro
Short

GBPUSD, 30m, Supply / Demand Levels (Short)

FX:GBPUSD   British Pound/U.S. Dollar
Drawing Supply and Demand zones we can see a clear small bear trend for the intraday. If you are looking to short, it would be ideal to wait for a retest of the last supply zone. Entering around 1.55945 with a SL near 1.561 within 10 and 20 pips of your entry. Targeting to take profit near support at 1.555
miyako.pro
a year ago
snapshot

Alternatively, one could see where each bounce happened between fibonacci 0.618 and 0.762 levels.
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