POSSIBLE LONG POSSITION ON GBPUSD. I STAND TO BE CORRECTED. SAW A CONSOLIDATION DURING ASIAN SESSION THEN , THEN AN EXPANSION TOWARDS THE 1HOUR ORDERBLOCK. I'M EXPECTING A RISE SINCE THIS PAIR SEEMS BULLISH TO ME FOR NOW.
I SAW A CONSOLIDATION & STOPHUNT HIGH ON THE 5MIN. CHART FOR SHORTS, BUT ON THE H1 TF THERE'S A BIGGER CONTRACTION BUILDING UP & THE STOPHUNT LOW ON THE H1 TF = DROP AFTER STOPHUNT HIGH ON THE 5MIN. TF.
OFCOS I COULD BE WRONG, BUT WE'LL HAVE TO WAIT AND SEE HOW IT UNFOLDS.
I'M IN A GBPUD SELL SINCE THE EARLY HOURS OF TODAY. ALMOST @ TP. I STAND TO BE CORRECTED BUT I THINK THEY MIGHT GO FURTHER LOWER TOWARDS THE EQUAL LOWS ON THE H4 TF
Price seems to be on the downside in the Daily tf, I was loooking for a pullback then a continuation of the down trend. I sand to be corrected but I figured that price might come up to the H4 Last Buy Order then drop or come to the H1 Last Buy Order then drop.
