Hey everyone, it’s Skeptic! ;) yesterday, the support at 1.35672 saw a fake breakout and snapped back into the 4-hour box we’ve been tracking. But bearish momentum is still strong, so here’s the play:
✔️ If you opened a short already, With the fake breakout signaling potential momentum shift, consider taking profits or closing if price consolidates above 1.36089. Why? The fakeout increases the chance of a momentum change.
✨ For new short positions, the 1.35672 break remains a valid trigger. If it breaks again, it could kickstart a major bearish leg, targeting lower supports at 1.35000 and 1.34227—both strong reaction zones.
📊 The HWC is uptrend, so shorts need extra caution—reduce risk or take profits early.
📉 For longs, wait for a break and consolidation above 1.36406. This level saw a strong rejection, signaling it’s a key resistance the market respects. A break here, liquidating short positions (which means buying), could spark a solid uptrend leg with great R/R potential.
🔔 Confirmation: Use RSI entering oversold for shorts or overbought for longs. The HWC uptrend means shorts carry higher risk, so tighten your risk management—stick to 1%–2% risk per trade.
🔼 Key Takeaway: Short at 1.35672 if it breaks again, long at 1.36406 with confirmation. Stay sharp for momentum shifts and keep stops tight. I’ll update if the market structure flips!
💬 Let’s Talk!
Which GBP/USD trigger are you locked on? Hit the comments, and let’s crush it together! 😊 If this update lit your fire, smash that boost—it fuels my mission! :)))
✔️ If you opened a short already, With the fake breakout signaling potential momentum shift, consider taking profits or closing if price consolidates above 1.36089. Why? The fakeout increases the chance of a momentum change.
✨ For new short positions, the 1.35672 break remains a valid trigger. If it breaks again, it could kickstart a major bearish leg, targeting lower supports at 1.35000 and 1.34227—both strong reaction zones.
📊 The HWC is uptrend, so shorts need extra caution—reduce risk or take profits early.
📉 For longs, wait for a break and consolidation above 1.36406. This level saw a strong rejection, signaling it’s a key resistance the market respects. A break here, liquidating short positions (which means buying), could spark a solid uptrend leg with great R/R potential.
🔔 Confirmation: Use RSI entering oversold for shorts or overbought for longs. The HWC uptrend means shorts carry higher risk, so tighten your risk management—stick to 1%–2% risk per trade.
🔼 Key Takeaway: Short at 1.35672 if it breaks again, long at 1.36406 with confirmation. Stay sharp for momentum shifts and keep stops tight. I’ll update if the market structure flips!
💬 Let’s Talk!
Which GBP/USD trigger are you locked on? Hit the comments, and let’s crush it together! 😊 If this update lit your fire, smash that boost—it fuels my mission! :)))
Trade chiuso: obiettivo raggiunto
-132 pips after our short trigger (at 1.35672) got activated, Enjoy :) 
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.