GBP/USD - Chart Mark Up -16th August 21
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Daily chart still showing a bullish market from what I'm looking at.
I would rather price dropped in to the lower 50% based off the Bullish Structure break and previous broken supply zone and give a rejection with the upper untouched Supply zone as a potential area for price to climb.
But I cannot predict and never will, I always react to what the chart is showing me and then trade based off that.
These are areas to keep note of when you're down in the Lower Timeframes taking trades.
I would rather price dropped in to the lower 50% based off the Bullish Structure break and previous broken supply zone and give a rejection with the upper untouched Supply zone as a potential area for price to climb.
But I cannot predict and never will, I always react to what the chart is showing me and then trade based off that.
These are areas to keep note of when you're down in the Lower Timeframes taking trades.
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