GBPUSD expected sell on supply zone on the daily timeframe
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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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.