Look at the weekly candle. it is new and fresh, so what is likely to happen? it will likely retrace right?
my view is that we are going to retrace to this weekly , and if we get our confirmations for buys i will take a buy with a 20-25pip stoploss.
wait for retest
Wait for key candle
will be awake at 6am to check this. i might not even take the trade as gbp pairs are retracing. but we will see how price behaves around 5-6am goodnight
(Not added to spreadshet as we spiked through our stoploss zone and then formed a key candle)