GBPUSD still looking BULLISH across the board however, there's an opportunity for a nice 150pips drop before the next rally to the upside. DXY is looking to have a nice bounce which means there's a possibility for SHORT on xxxUSD which is why we are looking to attack GU SHORT first before the rally.
ENTRIES
#1 ENTRY -: Take a SHORT at current price or wait for push up to the reaction box AND take the SHORT.
#2 Entry -: Wait for the DROP and take a LONG at 800ema on D1 OR at the PREVIOUS MONTH HIGH
INVALIDATION
On #1 Entry, Set a 60pips Inv. On #2 Entry, exit LONGS when we fix below the BASELINE.
TARGETS #1 Exit at PREVIOUS MONTH HIGH #2 Exit at MAIN PREVIOUS HIGH
P.S I trade with literally zero complicated analysis and still maintain 90% HIT RATE on my LIVE TRADES and ideas.
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