GBP/USD - Bearish Opportunity
1. In hourly, you will be able to see the area on the upside where the candles have lost momentum to the upside based in our RSI bearish divergence.
2. WF setup - this is my go-to setup when looking for a bullish and bearish opportunities. This is where the price/candles form a large wick either on the upside or downside. Then the succeeding candles will tend to the direction where the wick is (wick fill). This will create a trade opportunity.
3. CPI tomorrow - expect some volatility to the markets tomorrow at 1:30 gmt+1
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2. WF setup - this is my go-to setup when looking for a bullish and bearish opportunities. This is where the price/candles form a large wick either on the upside or downside. Then the succeeding candles will tend to the direction where the wick is (wick fill). This will create a trade opportunity.
3. CPI tomorrow - expect some volatility to the markets tomorrow at 1:30 gmt+1
HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE A LIKE AND FOLLOW MY CHANNEL AND LET ME KNOW YOUR THOUGHTS BY COMMENTING DOWN BELOW.
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