The upward momentum for GU seems weak!

11 มิ.ย.

After a long upward trend on the H4 timeframe, the price has now reverted to the H4 demand zone. The momentum appears to be moving sideways rather than straight up. In my personal opinion, if the H4 continues its upward trend, there will likely be a liquidity sweep in the H4 area (wide sideways range) before a decisive direction is determined.

Our suggested action at this time: If you are a swing trader, continue to wait and observe.
GBPUSD

17 มิ.ย.

บันทึก

Waiting for next entry