GBP/USD Wait For Retest Of Broken Structure
We Were Trending Clearly to the Upside Making Higher Highs and Higher Lows as Proven by Our Upward Trendline.
We Had a Clear Break of our Higher Low.
What We Should Wait for is A Retest of Our Broken Structural Higher Low Before We Go Short.
Its Also Pertinent To Note That The Retest Will Form Our New Lower High
After Retest,We Should Wait For Price Action Signals To Enter or Scale Down To Our 15 Mins TF For an Entry Using BOS
We Had a Clear Break of our Higher Low.
What We Should Wait for is A Retest of Our Broken Structural Higher Low Before We Go Short.
Its Also Pertinent To Note That The Retest Will Form Our New Lower High
After Retest,We Should Wait For Price Action Signals To Enter or Scale Down To Our 15 Mins TF For an Entry Using BOS