See daily chart of GBPUSD below for the discussion that follows.
GBPUSD is currently testing a resistance zone (previous support). I will consider going short if I see confirmation of this resistance in terms of candles / price action.
EURUSD (posted a couple of weeks ago) looks similar.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.
Thanks and Regards,
Trading SOS SOS
