GBPUSD short idea
Break of structure on weekly TF
Correction close to golden ratio
MACD and EMA bearish on 4H
I don't expect GBPUSD to fall under 1.15 so the short position wouldn't give a good R:R at this point. I wanted to check if ,theoretically, this would be considered as an ICI scenario, for the sake of learning to find the strategies on live charts, could this be a valid short trade entry?
Correction close to golden ratio
MACD and EMA bearish on 4H
I don't expect GBPUSD to fall under 1.15 so the short position wouldn't give a good R:R at this point. I wanted to check if ,theoretically, this would be considered as an ICI scenario, for the sake of learning to find the strategies on live charts, could this be a valid short trade entry?
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