GBPUSD - UPCOMING WEEK
- Weekly
Price is in -61.8 Weekly and has formed sort of a high of 5 waves upside. I do expect a major pullback to Daily Support Levels.
- Daily + 4H
Price is still moving in sort of range. There is no clear direction at the moment until price break the high or the low.
Because I have my bigger timeframe bias, I will be focusing on how to find a short opportunity and get a confirmation once the price breaks the 4h Low. I will be changing my bias only if price back to the high.
- Execution (15m + 1hr)
I simply wait for a lower high created.
Price is in -61.8 Weekly and has formed sort of a high of 5 waves upside. I do expect a major pullback to Daily Support Levels.
- Daily + 4H
Price is still moving in sort of range. There is no clear direction at the moment until price break the high or the low.
Because I have my bigger timeframe bias, I will be focusing on how to find a short opportunity and get a confirmation once the price breaks the 4h Low. I will be changing my bias only if price back to the high.
- Execution (15m + 1hr)
I simply wait for a lower high created.
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