GBPUSD
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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.
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