GBPUSD on the higher timeframe it is on its bearish move. On the H4 chart, interestingly the entry price for the bullish butterfly(cyan) is the exact price I'm exiting my Target2 on my Bearish Butterfly Pattern Type 2 Trade.
I will wait for the candle form up based on H4 chart and that will help me decide should I engag a counter-trend trade?
And if I did, should i engage base on Bullish Butterfly or Bullish Bat. Actual decision will be shared to my inner circle.
On H1 chart, I am waiting to see if there is any bearish signal for me to short GBPUSD to the target.