ABBREVIATIONS
cs – Candle stick
PT – Position Trade
BF – B Failure
C786 – Counter 786
GBP/USD – HOURLY CHART
Price has rallied sharply over the last 2 days, we have hourly support at 6274, we need a B high to form still before we can draw fibs. So for now there are no trades on GBP.
SHORT: Will be going short only IF:
No trade at present, waiting for a B to form.
LONG: Will be going long today only IF:
Need a B to form first.
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