05-09-2018
GBPUSD make a series of bearish impulsive and corrective moves, (impulsive move(red boxes on the chart) means: all candles in the same color, all candles are long, and close toword one direction that means there is a dominant bias at this move whether sellers or bias while corrective moves (blue box on the chart) means range candles are in different colors, close toward the middle, candles are short that means there is a presence of buyers and sellers). I am bearish as long the price is below the hourly resistance). I will change my bias only if a bullish impulsive move hapen and closed above the hourly resistsance.
