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ntrinidad
Dec 10, 2020 6:33 AM

GU analysis: LONDON 

GBP/USDOANDA

Description

analysis:
1)
BUYS with close above the red line which is the retracement following the breakout
OR
BUYS with a close above ASIAN HIGH which would be an early entry

2.)
SELLS with close below ASIAN LOW which would be an early entry
OR
with a close below 1.33612 which would be a better probability of it moving further down

entry:
1. QM on M1 & M3 causing break of supports and trendline
2. B, R , FT on M1 & M3 & M5
3. Engulfing variation

more so leaning toward SELLS IF i see M15 retest stop and start seeing a continuation to the downside from LTFs
more so leaning toward BUYS IF i see M15 fail to transition and then enter based on my analysis above
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