on the gbp/usd. I see an ascending channel on the 4hr timeframe.
overall bias is bullish with support line being respected multiple times and price is forming higher highs and higher lows, I am hoping price creates another HL to support my idea.
4hr/1hr timeframe shows a lot more of the channel and a lot more in-depth details about entry and take profit.
In this market, I have seen the market do into this downward channel and with that came lower lows and lower highs. I've added the entry point, stop loss and take profit.
The lower lows and lower highs can be seen more clear in the 1hr timeframe and smaller.