+【10/17 GBPUSD Pound-Dollar】(14)
I will summarize the GBPUSD pound-dollar trade for October 17.
—
Now, starting with the entry ↓
Around 10:00 AM on Tuesday, October 17, a SHORT entry on GBPUSD.
The stop-loss line is 1.223 (red dotted line). Since it’s still during Tokyo time, I set it with a little margin beyond the previous high pullback.
—
As for the situational awareness,
4-hour moving average battle. A stall near the recent high pullback, with the fight around it. (White line level that has been watched in the past)
Cypherically, it rebounded after 46 bars of the 4-hour cycle, and there is still room for a short drop before forming a bottom.
A small range fight like a white band.
—
What I was watching at the 15-minute chart level ↓
× ![]()