GBPUSD - 27 December 2021
Price is now mitigating 4H major supply, we can see price take out 15m structural LQ and give a 15m bearish CHoCH, price could respect the extreme supply while taking out upside LQ formed recently and continue lower as we have a 4H BOS but yet to get a decent pullback. This could be the initiation of pullback of 4H bullish leg.
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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.