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on DAILY: GBPUSD is sitting around a strong resistance/supply in green so we will be looking for sell setups on lower timeframes.
on H1: GBPUSD is forming an ascending triangle in red, but it is not valid yet, so we will be waiting for a third swing to form around our lower red trendline to consider it valid and sell on its break downward.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
on DAILY: GBPUSD is sitting around a strong resistance/supply in green so we will be looking for sell setups on lower timeframes.
on H1: GBPUSD is forming an ascending triangle in red, but it is not valid yet, so we will be waiting for a third swing to form around our lower red trendline to consider it valid and sell on its break downward.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!