GBPUSD-Weekly Market Analysis-Jul22,Wk5

24 ก.ค. 2022

As a structure-based trader, I will wait for the market retest at 1.2040 with an RSI Divergence and the candlestick pattern to touch 1.2050, but a close below 1.2040 would be a perfect opportunity for me to engage the trade.

If the market breaks and closes above 1.2050, I will patiently wait for Bearish Shark set up to engage the trade.(link of that analysis is in the related ideas under tradingview)