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ShrewdCatfx
Feb 22, 2022 1:43 AM

2nd Daily Candle Closes Below 1.36 Daily Zone // GBPUSD Short

British Pound/U.S. DollarFXCM

Description

well this is the 2nd daily candle that has closed below our daily level at 1.36. We have rejected higher prices as anticipated . Unfortunately we got stopped out but my bias played out nicely which I am Happy about. It is not often when I trade againgst Daily/Weekly Market strucutre but this is a rare occasion. Given current market Sentiment with the Stock indices selling off, and gold shooting up, I am confident we may see a move back down to 135.2. We are trading in line with our bias, lloking at a few differnt scenarios for an entry
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