Today I will be looking to go long on GBPUSD, based of a continuation flag visible on H4 and H1 TF. I will take a Risk entry at the bottom of the flag, then add more at the break if an opportunity presents itsself.
We Had a recent Double top form on H1 and an Impulse to the downside, now we have an H1 corrective flag forming, and I intend to take my short position as a risk entry at the top of the flag with my Take Profit at 1.35845 if all my conditions for an entry are met.
We Had A Huge Double Bottom On Daily Chart, Then An impulse to the upside, Right now the Market seems to be on a corrective phase on the Daily Chart. We have a Double Bottom On the H4 Lower trend line which is giving us a possible bullish sentiment to continue the Impulse to the upside. I will Be looking for entries in form of continuation patterns on M15 and H1....