Hello there traders!
As always we provide you with analysis on tradingview.
Currently we are looking at the pair GBP/USD where we had a nice impuls and corrective move.
Structure kept on breaking above and now made a lower low/high.
Bearish pressure is allready pushing market-price down.
We also have seen the counter-trendline break wich indicates we are bearish.
Last but not least we see the market create a potential H&S wich also indicates the bears are ready.
So now we wait for our indicators to give us a valid entry and when all rules are satisfied we take the trade.
Have a good week!
As always we provide you with analysis on tradingview.
Currently we are looking at the pair GBP/USD where we had a nice impuls and corrective move.
Structure kept on breaking above and now made a lower low/high.
Bearish pressure is allready pushing market-price down.
We also have seen the counter-trendline break wich indicates we are bearish.
Last but not least we see the market create a potential H&S wich also indicates the bears are ready.
So now we wait for our indicators to give us a valid entry and when all rules are satisfied we take the trade.
Have a good week!