possible sell setup on GBPUSD

i will be taking a sell from this spot

reason is price is in a range and while in a range between monday open and Tuesday open... there seems to be a liquidity grab...and if we check the result of interest rate last night it shows that the result came out positive for the usd

this is a counter trend trade

am using a 50 pips stoploss and 50 pips TP

breakeven at 30 pips or in profit before news

stay active so you will know if this setup is invalidated

this is your entry candle load it up

Anulowano zlecenie:

setup seem to fail as prize couldnt create a supply...stay tuned maybe later we will get another entry for now close this trade