There are many factors trying to push this pair up right now. I like the zone that it is at right now for a reversal move, keep in mind there is news for the AUD at 8:30 pm eastern time. This pair also just took out liquidity.
Kommentera:
This style of trading will change you're game and you will tend to spot these patterns every so often. There is only one concern that I have with this trade and it's that since it's a GBP pair I feel like it will move a lot after 3. If my directional bias is correct this pair will drop by a lot.
I try to provide as much value as I can per trade idea