GBPUSD Near top of structure, look for sell setups

Hi everyone:

From previous outlook on GBPUSD, I was expecting the price to get push up to the daily double tops area.

When we look at the higher time frame, we see price broke above that double top, and very close to the top of this larger structure.

What is important is what the price action will be, and what kind of structures are we going to see from the market.

I like how the lower time frame has an ascending channel, pushing the price up toward the top of the structure.

I do want to see a confirmed sell impulse in the market, follow by a continuation correction to go for short down.

Thank you

Commentaire:

Commentaire:

Look for this breakout and a continuation correction to enter.