THOUGHTS ON GBP/USD

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THOUGHTS ON GBP/USDBritish Pound/US DollarFX:GBPUSDLukegforexGBP/USD 1H - I am looking to take part in this market in the coming hours, before I do though I need to wait for confirmation that price is in fact ready to take us higher longer term. We will get confirmation of this when price breaks the last protected high, giving us the confirmation needed to see price trade us higher longer term. It will confirm to us that enough Demand has been introduced to see the flip. Once we have this confirmation I will wait for price to then pullback, this will give us the opportunity to buy in at a cheaper price with a more refined entry giving our buy positions better RR returns. It is so important to wait patiently when placing our trades and allowing the markets to move before falling into our hands. We shouldn't be spending hours looking at a chart, we should simple have our parameters, wait for confirmation and then execute.