Entry at the formation of a 4hrs bearish candle.
Point A will be our first entry followed by B. all our previous entries hit our t.p with a minimum of 150pips on one trade. check our profile for more info.
Price still moving in momentum on the bigger time frames and on addition to that, it has formed a perfect Butterfly bearish pattern
Lets wait for a breakout on H4 chart and any price action pattern on the resistance levels then we go short.
The price closed with a fake breakout ( marked in red ) following the regression trend.
All this weeks analysis hit our Take Profit and didn't run in 5+ pips loss, check our profile for more info
with price action formed on the resistance levels, GBPUSD MUST go down on the London open.
The price is at it most strong support level, likely to reverse