FOLLOWING DOLLAR INDEX (DXY) MONTHLY ANAYLSIS..
GBPUSD INMINENT SELL OFF
PRICE COME BACK FOR FIRST TIME (HIGH PROBABILITY) TO A SUPPLY ZONE GENERATED PREVIOUSLY AFTER TOUCHING ABOVE SUPPLY ZONE.
I SUGGEST TO OPEN SELL POSITIONS:
- SL 1.26850 - 1.26900 (Above Supply zone)
- TP 1: 1.18 (closing internal bearish cycle)
- TP 2: 1.07 (closing external bearish cycle)
GBPUSD INMINENT SELL OFF
PRICE COME BACK FOR FIRST TIME (HIGH PROBABILITY) TO A SUPPLY ZONE GENERATED PREVIOUSLY AFTER TOUCHING ABOVE SUPPLY ZONE.
I SUGGEST TO OPEN SELL POSITIONS:
- SL 1.26850 - 1.26900 (Above Supply zone)
- TP 1: 1.18 (closing internal bearish cycle)
- TP 2: 1.07 (closing external bearish cycle)
