USDGBP good mooney on a good friday. ;D Its very thoughtful the new feature in publishment . this will definetly improve the trading skills of everyone rather just drawing someelse ideas. I did this analysis cx after the TA i came to conlusion it should retest closest resistance . iTs not good idea to trade pullbacks . It never about taking the trade .all work...
if you have your market view, please share it in comments Also, you can ask me questions... Have a great day everyone!
RSI at 50 can bounce any time.. blue line is resistance... only for short-term trade.
If I lose I lose extremely little. With this trade I am able to take a large amount of leverage at little cost. This is a low probability trade with very high reward potential. This is basically a trade based on 5 minute risk but applied to a daily structure top and a weekly H&S reversal potential with massive structure at 8670. Let's magnify for the 5 minute...