GBPUSD long trade on 24/1/25
Pre-Analysis:
- Trade based on counter trend.
- As GBPUSD direction is down, upon buyers active on this pair to push price higher (this also mean a pullback/deal coming in) we can temporary trade for a long up until max of previous seller area on higher timeframe. In this case daily.
- This need to be a very careful trade.
- We only can consider this if the pullback came in strong, indicating there was buyers pushing this price.
- Entry time around 10:00am (Asian session)
- Immediate strength meter
