Price is trapping sellers, on higher timeframes(daily and weekly price didn't form a reversal pattern, therefore projecting GBPXXX will make new highs. The fundamentals are solid, therefore we'll the mon-tue pullback as an induction for sellers.
Confirmations for entry:
1. EMA cross in 1hr TF
2. Retest of the 14 EMA
Confirmations for entry:
1. EMA cross in 1hr TF
2. Retest of the 14 EMA
Trade closed manually:
target was 80 pips, target reached and the trade took me to step 2 of topstepfx funded trader