GBPUSD: POTENTIAL SHORT POSITION.
Confluence:
1. Strong bullish breakout above 1.46520 daily support.
2. Observation of higher lows on 4HR timeframe becoming eak. (TRADING TF)
3. Observed ascending broadening wedge pattern on 4 HR TF.
4. Waiting for a break below 1.46520 daily support before entry.
5. Wait for market open to observe price action at blue area
1. Strong bullish breakout above 1.46520 daily support.
2. Observation of higher lows on 4HR timeframe becoming eak. (TRADING TF)
3. Observed ascending broadening wedge pattern on 4 HR TF.
4. Waiting for a break below 1.46520 daily support before entry.
5. Wait for market open to observe price action at blue area
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