GBPUSD setting up for a big short...
Price came down a bit, revealing the wick of that very same candle, then it filled that wick with the next bullish candle, closing in on the HTF TL. It is likely going to reject from this TL, which goes back to 2007.
This may take a week to develop, but it is something to watch!
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.