So the 1 hourly candle is closing and this is the support I see from a very important level. Playing it safe but keeping a very close eye on what happens next
Legs are spread wide open ready for the taking.
GBPUSD Gaped and was defended 5-6 times without candles closes above the gap. Bears are destroying X marks the spot for a portion of take profits. I am looking for new monthly lows.
All signs still post to long, until we break major up trend rules I will keep gifting myself USDollar.
Trend could snap at any point. Till then, follow rules and SHORT till its not.
I have been holding shorts for 5 days now. 5000 must be hit. 5077 is the last defense for bulls.
Due to the fact I am short the monthly and AUS200 is getting destroyed..I feel short is the only answer.
Still building shorts. Still growing!
Monthly close below 0.7136 = Short