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The_Desert_Sage
Feb 17, 2021 3:13 PM
Predicting a reversal in USD GBPUSD AB=CD
Short
OANDA:GBPUSD
1D
GBP/USD
OANDA
Description
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Feb 17, 2021 3:13 PM
Using 2 targets here but I would have 3 positions open with the 3rd using a liberal trailing stop. Strong resistance in blue was found using session volume profile of a previous longterm consolidation.
AB=CD
Technical Indicators
Trend Analysis
Comments
WARRIOR4LIFE
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Feb 18, 2021 6:45 AM
thank you
WARRIOR4LIFE
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Feb 17, 2021 5:00 PM
that looks good ...do you think the Bulls are gone and Bears are pulling
The_Desert_Sage
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Feb 17, 2021 6:43 PM
@mriqhawe, There may be one last bull push but I believe it will be bear
The_Desert_Sage
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Feb 17, 2021 7:02 PM
@mriqhawe, if you check out DXY/the dollar index, it's looking like the USD might be making a reversal which would support bearish GBPUSD
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