Good morning guys. GBP/USD m15.
The black channel it's the hi/lo of 00:00 and 04:00 h4 candles that almost coincides. The red arrow indicates Billy Bar. Unfortunately i wasn't at PC at this time, anyway, my bias would have been Short because:
-We had first breakout of 00:00 range, and we know most of the times (6/10?) it's fake
-The BillyBar closed under an important interest zone
on H1 we can see also a Z-Line:
The black channel it's the hi/lo of 00:00 and 04:00 h4 candles that almost coincides. The red arrow indicates Billy Bar. Unfortunately i wasn't at PC at this time, anyway, my bias would have been Short because:
-We had first breakout of 00:00 range, and we know most of the times (6/10?) it's fake
-The BillyBar closed under an important interest zone
on H1 we can see also a Z-Line:
Attached Image
3