Hi Traders,
Today We have a beautiful setup on GBPUSD, on the 30minute timeframe, Price has broken below 1.25600 with a strong bearish candle, I am waiting for a retest and then for price to reject and continue down to 1.24860.
As always I am looking for a clean range because I love targeting areas where price has made a smooth easy move prior to my preferred direction.
If price starts going my way I will be targeting 1.2500 first and then letting the rest run, If price breaks back above 1.25600 I will not enter the trade.
Renaldo Philander
Today We have a beautiful setup on GBPUSD, on the 30minute timeframe, Price has broken below 1.25600 with a strong bearish candle, I am waiting for a retest and then for price to reject and continue down to 1.24860.
As always I am looking for a clean range because I love targeting areas where price has made a smooth easy move prior to my preferred direction.
If price starts going my way I will be targeting 1.2500 first and then letting the rest run, If price breaks back above 1.25600 I will not enter the trade.
Renaldo Philander