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Jake-from-the-trading-Cartel
Mar 11, 2021 12:36 PM

GBPUSD short!!!! Short

British Pound/U.S. DollarFXCM

Description

GU short potential. PA is moving up very efficient at the moment. I will only be looking for a short if we have a bit of a distribution pattern develop in my key area, with Imbalances on the lower time frames to protect my capital to target too. Its coming up to New york session soon, Lets see if PA can have a push up and we develop some sideways movement. If PA pushes up I will keep an open mind to look a for continuation pattern long to fill the imb above! Consistency is the key to success!

Comment

Daily IMB has been filled. We could see at least a reaction from this PA area, I will only take A confirmation entry as I don't like the PA efficient move up
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