Hello traders.
Based on the overall market structure, GBPUSD has reached a hidden area of supply order block on 30 minutes timeframe at point 1.39100. GBPUSD tested the area of supply order block on 30minutes timeframe at point 1.39120 and got rejected by strong selling pressure, however GBPUSD is currently creating a head and shoulder pattern which is a sign of selling pressure. When the market goes to the top at right shoulder to test then it is the right time to sell and stop loss must be above the head at point 1.39220
Based on the overall market structure, GBPUSD has reached a hidden area of supply order block on 30 minutes timeframe at point 1.39100. GBPUSD tested the area of supply order block on 30minutes timeframe at point 1.39120 and got rejected by strong selling pressure, however GBPUSD is currently creating a head and shoulder pattern which is a sign of selling pressure. When the market goes to the top at right shoulder to test then it is the right time to sell and stop loss must be above the head at point 1.39220
