GBPUSD Scalp Long

Another Fakeout Play

Wait for a reversal to form, if it doesn't, just disregard this chart. If a swing low forms, go for it =)

Kommentera:

Well I'm still looking at this, if we rally back up into the buy zone soon I will consider taking it. I'd want to see a 15 minute candle close within that zone. Preferably two, before I take a trade.

Overall it seems that this swing didn't get the conditions right for the rally I'd want out of it, I'll need to review the daily chart again, and probably the 4H, before taking the trade.