20210702 19.00 GBPUSD trading.

     

• Fri 20210702 19.00 GBPUSD 1h (see AI settings here).
• SMA21 was falling.
• Price was below SMA21. 
• At 19.00 hours, buyers who entered long positions above 1.37316 during past 16 hours were stopped out by the giant bar +1 that broke above SMA21 line. Sellers who entered short positions below 1.37872 during past 16 hours were also stopped out by this breakout. 
• A buy long position sent at 1.37804 or below during the next bar could have returned at least 10 pips within 6 hours.