Shorting GBPUSD
1. Multi timeframe trend analysis > 30minute Price Action got rejected from 4h trend line resistant causing price breakout from 30m uptrend line.
2. Wait for retracement occur > 3minute price action got rejected from 30m trend line causing price breakout from 3minute uptrend line.
3. Wait for retracement occur > 1minute price action got rejected from 5m order block causing price breakout from 1minute uptrend line & continue to breakout from the LOW of 1minute price action signaling the market CONFIRMATION continue to go further down.
Therefore, i wait for another retracement to go SHORT.
2. Wait for retracement occur > 3minute price action got rejected from 30m trend line causing price breakout from 3minute uptrend line.
3. Wait for retracement occur > 1minute price action got rejected from 5m order block causing price breakout from 1minute uptrend line & continue to breakout from the LOW of 1minute price action signaling the market CONFIRMATION continue to go further down.
Therefore, i wait for another retracement to go SHORT.
כתב ויתור
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