GBPUSD - 15min short entry (3:1 RR)
Updated
GBPUSD just made a high on the higher timeframes so we are expecting a low. 1hr timeframe is showing rejections to the upside. Also, the 15 min timeframe just made bearish structure. The confluences for this trade are:
· Break and retest of EMA.
· Break and retest of structure.
· Bullish Structure turned bearish
· Trendline break and retest.
· Break and retest of EMA.
· Break and retest of structure.
· Bullish Structure turned bearish
· Trendline break and retest.
Trade closed manually
Closed at BE.
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