Hey everyone, it’s Skeptic! ;) yesterday, the support at 1.35672 saw a fake breakout and snapped back into the 4-hour box we’ve been tracking. But bearish momentum is still strong, so here’s the play:
✔️ If you opened a short already, With the fake breakout signaling potential momentum shift, consider taking profits or closing if price consolidates above 1.36089. Why? The fakeout increases the chance of a momentum change.
✨ For new short positions, the 1.35672 break remains a valid trigger. If it breaks again, it could kickstart a major bearish leg, targeting lower supports at 1.35000 and 1.34227—both strong reaction zones.
📊 The HWC is uptrend, so shorts need extra caution—reduce risk or take profits early.
📉 For longs, wait for a break and consolidation above 1.36406. This level saw a strong rejection, signaling it’s a key resistance the market respects. A break here, liquidating short positions (which means buying), could spark a solid uptrend leg with great R/R potential.
🔔 Confirmation: Use RSI entering oversold for shorts or overbought for longs. The HWC uptrend means shorts carry higher risk, so tighten your risk management—stick to 1%–2% risk per trade.
🔼 Key Takeaway: Short at 1.35672 if it breaks again, long at 1.36406 with confirmation. Stay sharp for momentum shifts and keep stops tight. I’ll update if the market structure flips!
💬 Let’s Talk!
Which GBP/USD trigger are you locked on? Hit the comments, and let’s crush it together! 😊 If this update lit your fire, smash that boost—it fuels my mission! :)))
✔️ If you opened a short already, With the fake breakout signaling potential momentum shift, consider taking profits or closing if price consolidates above 1.36089. Why? The fakeout increases the chance of a momentum change.
✨ For new short positions, the 1.35672 break remains a valid trigger. If it breaks again, it could kickstart a major bearish leg, targeting lower supports at 1.35000 and 1.34227—both strong reaction zones.
📊 The HWC is uptrend, so shorts need extra caution—reduce risk or take profits early.
📉 For longs, wait for a break and consolidation above 1.36406. This level saw a strong rejection, signaling it’s a key resistance the market respects. A break here, liquidating short positions (which means buying), could spark a solid uptrend leg with great R/R potential.
🔔 Confirmation: Use RSI entering oversold for shorts or overbought for longs. The HWC uptrend means shorts carry higher risk, so tighten your risk management—stick to 1%–2% risk per trade.
🔼 Key Takeaway: Short at 1.35672 if it breaks again, long at 1.36406 with confirmation. Stay sharp for momentum shifts and keep stops tight. I’ll update if the market structure flips!
💬 Let’s Talk!
Which GBP/USD trigger are you locked on? Hit the comments, and let’s crush it together! 😊 If this update lit your fire, smash that boost—it fuels my mission! :)))
Trade closed: target reached
-132 pips after our short trigger (at 1.35672) got activated, Enjoy :) 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.