GBPUSD follow up/ high volume example (14 JUL 2020)
This is why I prefer not to short into an unknown area. That is pretty high activity and suggest SM buying.
You also have that RSI POS div as a behavioral change. entry here is aggressive. I generally prefer a double bottom or double top to confirm teh support or resistance I am entering from.
Note the high volume below support, the RSI pos div.
Avoid selling into strength
avoid buying into weakness.
practice*
You also have that RSI POS div as a behavioral change. entry here is aggressive. I generally prefer a double bottom or double top to confirm teh support or resistance I am entering from.
Note the high volume below support, the RSI pos div.
Avoid selling into strength
avoid buying into weakness.
practice*