lmaomonstr

28/10/2022 GBPUSD Short Idea

Short
FX:GBPUSD   British Pound / U.S. Dollar
- Just filled the imbalance ( at 50% ) to the topside
- Entry at the mitigation of this morning's SC ( on the 1H chart )
- Plenty of unfilled imbalances to the downside
- Currently in a lower tf uptrend which is in 2nd drive with a need for a pb
- Effort on the weekly is to the downside, but the last 5 candles have been bullish
- On the weekly downtrend we're currently on the .5 of the fib retracement
* Stop loss could be improper, but I like mine small
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.