848evo

[ANALYSIS] GBPUSD Breaks TL

FX:GBPUSD   British Pound/U.S. Dollar
31 0 2
Looks like GBPUSD             had a bear push to the downside breaking the rising TL and invalidating the previous trade setup. For those that went short, I would wait for a pullback to retest the TL and exit the trade for a few pips profit. For now, waiting to see if PA can push past the current support level and also looking for a retest of the TL before determining direction.

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***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.
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