GBPUSD SHORT IDEA
Price rejection happened as ecxpected around my usual 2am reversal point. on the h4 chart we see a double top , the wicks rejected just below the previous peak, so since im going short, my stop losss is just above the previous high . stop loss is around 60 to 70 pips. on the h1, price is showing each hour session swinging high,( but not higher than the previous candle) and lower then the next. a good way to tell if yourwe going to be faked out is if the dfirst 10 minutes of an hour cndle there is a major rush of price in one direction, odds are pprice will reverse throughout the rest of the session. you can see this on the daily, weekly, h4 all the way down to the m15. so currently on the h1 im seeing price continue to go lower, even though its wicking the wicks are lower then the next, so my idea is short #marketstructure
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