TradingView
J105012
Dec 13, 2021 12:19 AM

Zone box breakout. Short

British Pound/U.S. DollarFXCM

Description

Price hovering at a zone for a while and keeps bouncing from support to resistance. It then forms a small downtrend strcture within and when it reaches support it starts to hover there instead of bouncing up. 2 small bullish candles indicate that price may fall, so I shorted the market with my TP 10 pips above a major zone.
Comments
JoeChampion
Agreed mate, we are on the same boat on this. Moreover we have fomc this week for usd plus official bank rate for GBP, strong volatility is upcoming
More