meister_keith

Potential Bounce?

Long
meister_keith Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
I'll be looking to take buys back up from this demand zone if price holds. Since GU moves well during the London- NY sessions, my goal will be to see where price will be at tomorrow morning ( London session open ) and if this plays out as anticipated then i'll be taking buys back up to that supply zone ( marked ). The goal will be to catch a 1:3 minimum and a 1:6.5 max. If the current demand zone breaks, i'll be looking to take sells to the next zone once this current demand zone turns to a supply zone and is retested. I'll explain further as the price develops.
Comment:
Since i got no entry confirms, i decided to stay away from this pair until next week after Easter.
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