GBPUSD - POTENTIAL SHORT ENTRY
GBPUSD OUTLOOK
Price is in an uptrend movement but has rejected from a key order block. Should price reaches there and mitigates, we can look to take shorts.
Impulse short entries can be taken once price rejects that region.
We had already marked the Key Level, but will make sure to look out for the price action before making any entries.
We had our buy limits set up with upside potential in the R:R ratio of 1:5.
Price is in an uptrend movement but has rejected from a key order block. Should price reaches there and mitigates, we can look to take shorts.
Impulse short entries can be taken once price rejects that region.
We had already marked the Key Level, but will make sure to look out for the price action before making any entries.
We had our buy limits set up with upside potential in the R:R ratio of 1:5.
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