Checking my higher tf chart to see if I miss anything crucial.
Exhausted
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DislikedGood set up on H4 GU and EU for a possible short we have a peak - waiting for entry {image} {image}Ignored
DislikedOverall trend is down, Last Daily Candle very bullish, current candle consolidation. From here it could fly up, it also could go down again (higher probability). PA is also messed on short side, they try to push it down but force is missing. 7 minutes till GBP news. Numbers probably worse so GBP/USD down, not sure if that will bring at least 1.21, Risk high for shorties if numbers are better than expected, than GBP/USD probably will go up strong (30 pips may be). So no trade for me. ADR very low yet compared to other days.Ignored
Disliked{quote} Ok, numbers were really bad. Drop quite less for news so shorties have problems to push it more down but It probably will go down more but slowly. No trade for me. You could short on all retraces (currently 1.2130 around) but that is not my game. Cheers.Ignored