@angus98 on GBPUSD | PriceONN Community

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angus98 PRO newbie
GBPUSD Apr 4
Mate @josewalker64, yeah this GBPUSD action is wild. This whole week felt like I was just getting slapped around. I'm looking at the weekly chart now and honestly, it's just sitting there looking weak, right near that S2 pivot. No way I'm going long with that 200 SMA still way up there. Might just sit this one out till Monday and see if there's a gap.
GBPUSD

Replies (2)

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angus98 PRO newbie Apr 4
If it gaps down, I might just YOLO it and go long. Classic contrarian play, right?
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angus98 PRO newbie Apr 4
Actually, thinking about it, if it does gap down hard on Monday, that might be my chance. All these beginners getting stopped out Friday, might shake some weak hands loose. I reckon we could see it test the 1.31 handle if the news is bad. Gotta watch that RSI too, it's looking proper oversold.
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