GBPUSD idea
Updated
- The overall bias based on the higher time frame is short ,so look for short opportunities.
- wait for the 1h channel to break to the downside and observe the 15m for a potential entry
- if the channel impulsively break the high of the channel DO NOT LOOK for trades because the overall bias of the trade is short.
- may 11 2022
- wait for the 1h channel to break to the downside and observe the 15m for a potential entry
- if the channel impulsively break the high of the channel DO NOT LOOK for trades because the overall bias of the trade is short.
- may 11 2022
Comment
- the 1h channel was broken. Wait for a continuation channel to the upside on the 15m time frame. - place a buy stop if a 15m continuation channel is created
- don't forget to place a stop loss in case the trade doesn't go the way of the analysis.
May 11 2022
Comment
TRADE IS ALREADY INVALIDATED
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