benalistarfx

Potential Reversal?

Long
FX:GBPUSD   Sterlina / Dollaro
We should get a pullback here to at least the 50% before potentially continuing down....

We've had days of bearish PA plus lows taken out with no retracement, now price is sitting on a very strong daily orderblock from January (And has also filled a large imbalance)

If price breaks this then I have the next zone of support landing on my daily deep crabs D point (See image)

Price has also overshot a 4H deep crab by 25 pips (This deep crab also touches the zone of daily imbalance)

Whats your thoughts?




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