This is my idea for GBP/USD on a 15-minute time frame, get a better view of the chart on a 5-minute time frame. I've entered a short position because it's evident that the price is in a downtrend, and it has broken below the established structure. This signals the potential for the entire trend to continue in this direction, with a target profit (TP) set at 1.22626.
Thanks for helping us make better trading decisions.
MogusD
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@MyCryptoParadise_Nathan, Thank you, and I also strive to have the best possible trade entries. Of course, I am pleased that I can help others in this way. I wish you a pleasant day.
@Maheshkmr, I'm sorry, I can't predict in advance what will happen, but I believe that pairs like EUR/USD or GBP/USD may continue moving downward when looking at larger time frames. However, it would be advisable for you to conduct your own analysis.