GBPUSD ANALYSIS 15 - 19 FEB

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ANALYSIS
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DAILY TF: BULLISH ENGULFING CANDLES
4HR TF: HIGHER HIGHS & HIGHER LOWS CREATED
1HR: BREAK OF A RECENT HIGHER HIGHS

PLAN OF ACTION
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- WAIT FOR RETRACEMENT/ CORRECTION PHASE ON THE 1HR & OR 5MIN TF TO COMPLETE BEFORE TAKING BUYS
- IF OPPORTUNITY PRESENTS ITSELF, WE CAN TAKE THE ANTI-TREND SELL TRADES

ENTRY REASON
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- BREAK OF CORRECTION PHASE

STOP LOSS @ TO BE DETERMINED AFTER CORRECTION

TAKE PROFIT @ NEXT ZONE
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