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Ex-con
Jul 11, 2021 7:39 PM

GBPUSD LONG Long

British Pound/U.S. DollarFXCM

Description

GBPUSD FORMED A PEAK FORMATION LOW LAST WEEK TAKING OUT ALL THE WEEKLY LONG HOLDERS AND WE HAVE SEEN LEVEL 1 RISE FROM FRIDAYS MOVE , THE MARKET MOVING IN 3 LEVELS GIVES US AN EDGE OF WHERE PRICE IS GOING TO MOVE NEXT WEEK. WE ARE WAITING FOR LEVEL 2 AND 3 RISE POSSIBLY UP TO THE PEAK FORMATION OF THE WEEK BEFORE LAST WEEK. BUT BEFORE WE RUSH TO BUY THIS PAIR WE WOULD LIKE TO SEE CONFIRMATIONS ON A LOWER TIME FRAME , WE SHOULD SEE A STOP HUNT LOW TO INDUCE MORE BUYERS THEN RISE DURING THE LONDON OR NY SESSION LEADING ALL THE SELLERS TO A WRONG DIRECTION . GOOD LUCK AND HAPPY TRADING
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