Back in it again after reflecting on my previous SL hit.
So looking at the D1 we can see a minor W formed with a push to upside and after a W formation what do you expect? a push do the down the neckline A.K.A the previous support which also lines up perfectly with our 50 fib Ext and our Trendline so I will be monitoring price action on the two levels...
So after our previous analysis hit target we can now see strong bullish momentum from the 9000 which was previous resistance turned support from here we can see a push to the upside to the relevant two targets
We can see GBPUSD completed the HnS structure and is now starting the move to the downside, i will be looking to short the market after a break and retest of the low down back to the Neckling of the W which can see formed previously on the D1 timeframe.