GBPUSD 15m 27th November
Very interesting price action, higher time frame bullish, this is a riskier setup as we are counter main trend with logic.
Approaching the end of month, Price today has taken the previous day high and is showing some counter trend price action or weakness. If price hits TP, I will then continue to look for sell positions while the dollar gains strength.
Price has made a change of character already, now is in a liquidity zone within a higher timeframe supply zone.
Should the idea fail, I will look to re visit this during the NY session
Approaching the end of month, Price today has taken the previous day high and is showing some counter trend price action or weakness. If price hits TP, I will then continue to look for sell positions while the dollar gains strength.
Price has made a change of character already, now is in a liquidity zone within a higher timeframe supply zone.
Should the idea fail, I will look to re visit this during the NY session
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