GBPUSD Pattern Formation
Updated
This currency has been on a bearish run for the past few months.
If the price happens to STRONG breakout and close above the Daily Market Structure Shift,
then we can have a buy limit at the BISI FVG formed between 1.254 and 1.256.
If the price happens to wick above the Daily Market Structure Shift and close below it,
then we can have a sell order at Daily -OB at 1.25.
We will have entry positions using a smaller time frame
If the price happens to STRONG breakout and close above the Daily Market Structure Shift,
then we can have a buy limit at the BISI FVG formed between 1.254 and 1.256.
If the price happens to wick above the Daily Market Structure Shift and close below it,
then we can have a sell order at Daily -OB at 1.25.
We will have entry positions using a smaller time frame
Note
Sell stop at 1.259 Target at 1.25 SL at 1.261Trade active
We are liveTrade closed: target reached
Tp Hit!
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