GBPUSD NEXT SESSION IDEAS (Long)
Ok so gbp was acting up today not gonna lie, but thats ok ,we gonna make our pips regardless.
My idea is more on the long side although i have a set up for either side; heres why: ]
- Had a massive push upwards this morning
- Price is being supported at the lower level i have marked
- Price has been stubborn to go down today, yet when it moves up it shoots up
- MACD and Stochiastics are nearing confirmation zones if not hit already (crossover on MACD lower level, and Stochiastic in oversold conditions down below.
I would like to see price bounce from that bottom level to the target i have place above, however if price breaks this support, we can safely assume the move will only continue downwards since we are at relatively high price for this short term period
My idea is more on the long side although i have a set up for either side; heres why: ]
- Had a massive push upwards this morning
- Price is being supported at the lower level i have marked
- Price has been stubborn to go down today, yet when it moves up it shoots up
- MACD and Stochiastics are nearing confirmation zones if not hit already (crossover on MACD lower level, and Stochiastic in oversold conditions down below.
I would like to see price bounce from that bottom level to the target i have place above, however if price breaks this support, we can safely assume the move will only continue downwards since we are at relatively high price for this short term period
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