Sell the Rallies. IMHO This is a dead cat bounce, DYOR , Don't play with money you cant afford to lose...
We cant always be right so always set a stop and its your own risk if you hold over what could be a volatile weekend as far as news goes.
GBPUSD has completed the accumulation phase of soaking up sellers.
Has shown signs of strength in as terminal shakeout, cross both the minor and major creeks. The GBPUSD should enter the markup phase, after price has now backed up to major creek.
This is a Setup best known as a Bearish Advance Divergence Butterfly - (Bear ABD). With the daily TF showing a Bearish retrace rejection i took a short trade on the 4HR TF via a Regualr Bearish Divergence. Target 1 already hit and PA has now pulled back forming a potential retrace rejection and also was showed Bull Hidden Divergence. However PA is holding at the ...
