Lit7leBoy

#3 - Price Action 4H - 1H - 30M

Short
Lit7leBoy Updated   
FX:GBPUSD   British Pound / U.S. Dollar
4H: Identify trend following of 4H
- Buy when uptrend
- Sell when downtrend
- Wait if sideway

1H: Observing the price action at the key level (breakout, retest, false break)

30M: Finding the best entry for perfect Risk/Reward ratio
Comment:
4H's forming down trend
Comment:
1H is about to breakout key level support. Waiting for break and retest
Comment:
30m, waiting for a break-out and retest
Comment:
15m chart for a deep look in price action
Comment:
Patient!
Order cancelled:
Cancel trade because price not breaking out, it pulls back to continue up trend.
Comment:
Bullish is not strong enough. Still waiting for a break-out for bearish
Comment:
Well, I'm FOMO on GU. 1m rejects this level several time. I enter a trade with 2 targets.
Trade active:

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