Pound Banging right up against previous support... hrmm Short

Higher low, lower high system

this is clearly intraday resistance here i will be stopped out here no doubt, however price action permitting another short is on the cards in this region

Higher low, lower high system

That's what i called sold a dummy nothing is ever perfect 100% of the time. When price decides to range you can't do jack !!!

Higher low, lower high system

EJ waiting for a lower high to setup.

Higher low, lower high system

Pound is a potentially candidate for a short on this 15R chart. If it reverses then good chance of a long... one way or the other... intraday trend is down so down it is.

Higher low, lower high system

Something going to happen soon

Higher low, lower high system

Nope... nothing yet... nice long reversal though Hitting 50% of daily range and previous resistance... keep an eye out for short opportunities in this area if price action confirms.

Higher low, lower high system

Possible Short Trade setting up here... If we get a lower high here and then a break.

Higher low, lower high system

This is how reversal patterns work. No new lows... then a resistance level finally breaks.

Higher low, lower high system

However previous support is in this zone. Done and Done. +85 Pips Today. +21% Increase in Equity. 4% Risk Per Trade.

Higher low, lower high system

Most likely going to make it to rn...

Higher low, lower high system

Bottom Reversal Pattern Evident. Correct me if I'm wrong here.

Higher low, lower high system

This is what it looks like on a 15R Bar Chart.

Higher low, lower high system

Trading in the direction of the trend is the best way. Reversal Patterns are not good probability. However they can be very profitable if done at the right time. Previous Support/RN likely to hold it back.

Higher low, lower high system

Possible reversal pattern again... low probability or not... ej moved quite a bit in this session so far.. the further it moves without any sort of pull back the higher the probability of this pattern working... especially if the pattern presents at ...

Higher low, lower high system

That's how you do it.

Higher low, lower high system

Higher Low... anyone see the price patterns...

Higher low, lower high system

Now just hope it's not a shakeout before the reversal happens

Higher low, lower high system

On edge... gotta love that congestion...

Higher low, lower high system

Lower Highs again... trend continuation coming... get short and hold on.. if this round number goes and a new daily low occurs next round number is potential target. Otherwise still in congestion of which it wont stay in forever... It will break one ...

Higher low, lower high system