Sold GBPUSD 1.3416... target 1.3356.
Though price has flown above 1.3349 being the decider but this same thing happened last week and previous weeks where price will bounce on Monday and early Tuesday only for it to crash down to 1.32 area yet again.
I will keep an eye on 1.3482, if it doesn't break and there is no end to the war, I will still keep my bearish bias.
DislikedI kinda knew GU wouldnt be ablle to get below 3200 area by much. My TP was 3200. There is a lot of stacked buy volume around 3200 and slightly below. Below that there was not much volume and would have precipitated a fall to around 2800s. That was never going to happen! Looking at my charts and indicators, price should rotate now to 3647. And this should hit before the week ends.Ignored
I will keep an eye on 1.3482, if it doesn't break and there is no end to the war, I will still keep my bearish bias.
Data + Stat + Risk/Emotions Management
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