GBPUSD
Updated
Structure Narrative
Daily Swing : BR
Daily IS : BL: Pullback
4H Swing: BL
4h IS: BL: Continuation
15m Swing : BR
15m IS : BL: Pullback
The HTF bias is bearish, so a sell is what we are looking for.
Having a 4h bullish structure within Daily bearish structure, means that a sell is only possible if we try to pinpoint the end of 4h bullish trend.
With that in mind, a 15m bearish break of structure suggest a pullback of 4h bullish trend which might be the formation of lower high of
Daily.
Daily Swing : BR
Daily IS : BL: Pullback
4H Swing: BL
4h IS: BL: Continuation
15m Swing : BR
15m IS : BL: Pullback
The HTF bias is bearish, so a sell is what we are looking for.
Having a 4h bullish structure within Daily bearish structure, means that a sell is only possible if we try to pinpoint the end of 4h bullish trend.
With that in mind, a 15m bearish break of structure suggest a pullback of 4h bullish trend which might be the formation of lower high of
Daily.
Note
DailyNote
Note
4HNote
Note
Second POVNote
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.