We just had that large drop, and and came back almost to where we started. It's tough because gbpusd has alot of intraday volatility, and the 4 hour timframe has alot of its own personality as well. If we do get the rise in the daily time frame to a higher level I want to short.
What do you think is this a head and shoulders on a 30 minute chart? Many are saying the dxy is going down. I was just curious if this is a confirmation.
I at least wanted the DXY to go up and hit the 50 EMA on this 2 hour chart. The MACD has a crossover.. But sometimes that won't even matter it still goes against me 😅😅