GBP/USD SELL

2024年8月20日

swept highs and instantly rejected forming a bearish pattern (wicked liquidity zone followed by a bearish candle). We are in a bullish trend as of now but I don't think it has enough fuel to target the Daily swing highs right now so the only way left to go is down for liquidity and a cheaper price so that the big guys can enter in. As always this idea can be 100% wrong because.. forex so use your own analysis for confirmation.

2024年8月20日

註釋

i entered from the 5 minute time frame