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ARobinson11
Nov 21, 2021 9:44 AM

GBPUSD 4Hr TF Long Long

British Pound/U.S. DollarFXCM

Description

Im looking at a long position on the GBPUSD 4hr Time Frame. The GBPUSD failed to make a lower low indicating a change in momentum, I can see this by the wick that was created at around 13:00 on November 12 which can be seen on the chart. Followed by the rejection, a new higher high was created indicating a move to the upside. We have already seen a nice rejection candle in my area of interest and will be waiting for a pullback into the zone before I enter.
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