Solospike_Trading

GBPUSD expected sell on supply zone on the daily timeframe

שורט
Solospike_Trading מעודכן   
OANDA:GBPUSD   לירה שטרלינג / דולר אמריקאי

DAILY TIMEFRAME..
Pair is creating a series of LHs and LLs, after a Break of Structure (BOS) the pair created another LL and has pushed back up.
There are key areas that we are expecting price to react and make a reversal. The 2 areas are supply zones as shown on the image.
Pair is now at a potential sell zone(first one), there are 2 Order Blocks (OBs) present and we just wait to see where price will react from and give us enough sell momentum.
Once we recognize sell momentum from any of the 2 two key areas we will be selling the pair with a 1:2 RR but l we expect it to drop and create a new LL


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Solospike Trading

DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose
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