GBPUSD - SELL the head!

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Price has shown significant rejection of the daily level and printed a nice context bar (Shooting star)

We can see buyers being trapped on the breakout of the resistance to then be immediately reversed.

This is a clear liquidity grab, and is looking likely we can see downside potential.

I would like to wait and get short on the retest of the SS head.

Ordine annullato
FibonacciSupport and ResistanceTrend Analysis

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Declinazione di responsabilità