H4 were in a big correction so it's taking some time to play out (see my H4 idea), All correction's do and can become quite complex.
H1 this is the basic structure I see, were in a B wave up given the current price action. There is a possible buy scalp setup forming on the lower TF so you can take a buy setup if you get confirmation of more upside to come against the invalidation point (yellow line @ 1.2948). This trade is worth taking if you get a buy signal as H1 structure can become more complex.
This is not a trade call but I will update the structure as price plays out if there's enough interest, likes.
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
You can't trade the lower TF if you don't see the possibilities on the higher TF. Here is my H4 idea, GBPUSD H4 Larger impulse C wave up, Checkout the idea detail's and updates for the complete picture. Thank's
H1 this is the basic structure I see, were in a B wave up given the current price action. There is a possible buy scalp setup forming on the lower TF so you can take a buy setup if you get confirmation of more upside to come against the invalidation point (yellow line @ 1.2948). This trade is worth taking if you get a buy signal as H1 structure can become more complex.
This is not a trade call but I will update the structure as price plays out if there's enough interest, likes.
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
You can't trade the lower TF if you don't see the possibilities on the higher TF. Here is my H4 idea, GBPUSD H4 Larger impulse C wave up, Checkout the idea detail's and updates for the complete picture. Thank's
Note
1st piece of the puzzle complete for the B wave up. Looking for sell setups for the impulse C down.Note
You should be at break even. If you mist the trade don't just jump in wait for another setup. Note
We got the wave C down, it may not be over and target is close. close sell on any bullish signal and look for the buy for H4 wave C up. make sure you have confirmation of more upside to come before jumping into the buy.Note
2nd piece of the puzzle complete! Price has bounced clean off the 100fib. there's no confirmation wave C down is over and could turn into a much more complex structure but this idea of the basic structure is holding. Like I said in my last update I will be looking for buy signals for the larger C up. make sure you have confirmation of more upside to come before jumping into the buy!Note
Price action still bearish on M15, Bearish expanding flat If you get a sell setup take it.
Note
Looks like were might be getting the start on H4 C up, if your not in already look for buy signal's 
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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.