Gonna keep it short and sweet. I took a scalp on the short I posted for gbp, locked in profits and now i see we can potentially move back to the upside as price seems to have found some footing shown on the lower time frames. We can wait for the next 15M close and observe price action, waiting for confirmations such as a break and retest.
Since we are in a local uptrend it makes sense to follow a continuation to the upside.
If we look and my previous idea i posted the trendline on the upper channel has now been broken so this will invalidate my previous idea. We could also watch out for a retest on the trendline (top) \
Just wanted to post a quick idea. Thanks for checking it out!!