GBPUSD

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Structure Narrative

Daily Swing : BR
Daily IS : BL: Pullback
4H Swing: BL
4h IS: BL: Continuation
15m Swing : BR
15m IS : BL: Pullback

The HTF bias is bearish, so a sell is what we are looking for.
Having a 4h bullish structure within Daily bearish structure, means that a sell is only possible if we try to pinpoint the end of 4h bullish trend.
With that in mind, a 15m bearish break of structure suggest a pullback of 4h bullish trend which might be the formation of lower high of
Daily.
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Daily
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istantanea
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4H
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istantanea
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Second POV
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istantanea
Supply and DemandSupport and Resistance

Declinazione di responsabilità