Have had a bear view. Expect further significant decline before reversing. Ultimately, I expect
GBPUSD
to fall to ~ 1.372 before reversing (see 1W chart below).
I'm scaling in because I'm not completely convinced the recent correction is over. Also I potentially will hold this short position for an extended period of time and I expect there will be multiple opportunities to short.
1W Chart - Possible Crab Formation
I'm scaling in because I'm not completely convinced the recent correction is over. Also I potentially will hold this short position for an extended period of time and I expect there will be multiple opportunities to short.
1W Chart - Possible Crab Formation
Trade ist aktiv:
Added to position @ 1.43251