meszaros

Waiting for GBPUSD short entry.

Short
meszaros Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Waiting for GBPUSD short entry. My entry rules are as follows. The analysis shows the white rectangle. This is the H1ATR range. This means that the price movement, at current ATR values, can make such a large wave movement in the H1 time frame. You can also see the red box. These "spike areas" here, the price movement can go out, but it can't stay there permanently. The price movement shows the predicted price movement path in white and a red section. The red section means that price movement is used to enter a short position within this section. The target price is 1.20073
Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.