GBPUSD SELL POSSIBILITY

2019-12-10 01:38:27

Hello traders hope everyone is well. What I see here is a possible trend change about to happen as we have rallied into a key daily level On GU. If you look to the left you'll see that this level has previously been rejected on D TF. Also Take a look at the previous days candle we have put in a bearish doji candle right at this level followed by a bullish pin bar on today's Daily candle where ultimately sellers are getting are opening positions leaving that wick on today's candle.On the 4hr tf I have drawn a structure TL that you could use as a confluence when setting up positions. Lastly go on smaller time frames and watch price action closely as this could happen Hopefully sometime soon. 30-50 PIP STOP MANAGE RISK ACCORDINGLY. JOIN MY FREE TELEGRAM CHANNEL WHERE WE CAN SHARE THOUGHTS AND ANALYSIS ON CURRENT AND FUTURE MARKET CONDITIONS.