British Pound / U.S. Dollar
Updated

GBPUSD idea

37
- The overall bias based on the higher time frame is short ,so look for short opportunities.

- wait for the 1h channel to break to the downside and observe the 15m for a potential entry

- if the channel impulsively break the high of the channel DO NOT LOOK for trades because the overall bias of the trade is short.

- may 11 2022
Note
- the 1h channel was broken. Wait for a continuation channel to the upside on the 15m time frame.

- place a buy stop if a 15m continuation channel is created

- don't forget to place a stop loss in case the trade doesn't go the way of the analysis.

May 11 2022
Note
TRADE IS ALREADY INVALIDATED

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