GBPUSD has entered the time zone where I'm looking for a sell off.
The thinking behind this idea is to sell now with a small 12point risk with the eventual target of 1.3290 but that might come in the second run down today.
I'm looking for the first move into 9pm Jakarta time then wait for a PB to either add to the position or enter a new trade.
The target area of 1.3290 is a 382 retracement from the Dec 20 low and a 61.8% from the Dec 22 low.
If it turns and stops me out then i will be looking for a long entry with a high at 9pm. That would be an invert of the A.I.
I hope this helps. Enjoy the day. 👍👍
The thinking behind this idea is to sell now with a small 12point risk with the eventual target of 1.3290 but that might come in the second run down today.
I'm looking for the first move into 9pm Jakarta time then wait for a PB to either add to the position or enter a new trade.
The target area of 1.3290 is a 382 retracement from the Dec 20 low and a 61.8% from the Dec 22 low.
If it turns and stops me out then i will be looking for a long entry with a high at 9pm. That would be an invert of the A.I.
I hope this helps. Enjoy the day. 👍👍
t.me/OCEANAISIGNALS
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Check out the free Telegram group for Trade set ups and Market Updates. Also one on one coaching now available. Message me for more info and a free 30min consult to see if my strategies work for you.
A bit late but with it not working within 1hr it became a none trade and has turned into an invert.