I usually do not trade a zone like this because it is countering the trend. but, on GBPAUD there is nice 4H DZ. what makes this zone attractive is it is almost tested by the wick 4 times but they can't penetrate deeper. and the big picture is showing us that there is possibility to continue higher. because we are countering the trend we want to give price more room to breath. even though the actual zone is only 70 pips wide, we want to consider the pivot.
Drop a comment if you take this trade
Drop a comment if you take this trade