GBP/USD - SHORT

B:-
• Recent market price has rallied to a extreme high on all pound pairs this may be due to Brexit news.
- While understanding / experiencing market structure my thought process to is predicting after that surge in bullish momentum what's next??...
- Market to correct it's self by showing / entering a bearish cycle until a institutional level is achieved then to reassess to see if there's any indication on the weekly for continuing bullish momentum.
- Short term market is establishing a bearish structural formation LL + LH's giving us a opportunity to ride he short term momentum into a recent bullish liquidity pool.
L:-
• Level being traded here is £1.28700 which is a retail region.

S:-
• Signal being use is the shooting star formation which formed at a retail region :£1.28700: - as well as a predicted LH region.

R = 2.5%

R.R = 2.01

(Trading Journal)
- Trade at your own risk, this is just for me to keep track of my trades and performance