Dislikedmeaning no wick or any part of the candle near the TL. correct? dont want any misunderstandings. I apologize, some of us are slower than others.Ignored
Don't apologise at all, I prefer you ask clarification rather then muddle on. A solid trend line like we had for the last 185 pip would need a solid confirmation of a reversal. A full bar below the support on M15 would be a good start of that confirmation that the intermediate trend has reversed. Just a full bar below without other sources of confirmation such as your favourite indi, is still not a confirmation of a trend reversal.
There are days, even in very recent history where Cable can happily trundle along for 300 pips.
Right now we have moved away from the weekly TL, price moving towards a TL is a lot easier to anticipate then price moving away. So we need to identify other sources of possible points of reversals with the appropriate confirmation.
The next appropriate place for a possible reversal will be 5053, which is a biggy.