From my analysis, I am looking to continue buying from 1.21276 to 1.23064 for today, the end of the week. I would anticipate a further buy into next week to 1.23764 before the sell continuation. This is all part of a correction.
As always, trade cautiously
As always, trade cautiously
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closed my trades with a little profit. Would re-assess the market on Monday.
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GBPUSD is sweet! This is what i am anticipating for this morning and into NY session.
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I am expecting price to take out Asian liquidities because of the structure. However, the buy setup isn't over.
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I took another position to TP. My sell trigger would be a 15min BOS.
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I might take an intraday sell to buy entry
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closed my buys. I would be looking for an intraday sell entry at the POI
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This is what I am looking for with Price action.
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So...I did not catch the entire move, because Price did not retrace to my POI. However, now that we have bullish confirmation for the next rise, I would be looking for buy entries at the 38.2% or 50%. I favour the 50% because it's around a major support.
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While my SL is at its current position, I am willing to extend it to the low if the spread widens.
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asian session is making strides!
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Setup is broken.