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beyondta chartpattern trendanalysis Less Tags Show All Tags
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fundamental multitimeframe volatility Less Tags Show All Tags
Eyeing a potential short opportunity
GBPUSD
, 1D
Short
GBPUSD: Eyeing a potential short opportunity

Price is pushing into a strong supply zone near the top of the box (highlighted area). The plan is to wait for price to hit the target zone, then look for signs of reversal to the downside. The intermediate levels include a break above the FVG (Fair Value Gap) and targeting the daily opening price (D OPC) for confirmation of the move. Keep an eye out for reactions...

Target was 4H Swing low or high; this would be low
EURUSD
, 15
Short
EURUSD: Target was 4H Swing low or high; this would be low

The EUR/USD pair has experienced a notable dropdown recently

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