today gbpusd is coming back to retest a daily zone, therefore i want to look for some opportunities on the lower timeframe. On the hourly there's a nice that tells me there's buying pressure. Besides, price has also created a with divergence that you can see on the chart above.
The consequent break of structure to the upside makes me think it could go higher on this short timeframe.
You can use the 2618 strategy to buy the , with stops below the low and target1 at the retest of the highs, target2 to be determined.
If you want to share your thoughts or ask questions, feel free to comment below.
Otherwise, see you in the next chart!