GBPUSD (Intraday) Long

Tapped into GU on the smaller timeframes because of where the DXY is at. DXY making a lower high at a resistance level and hitting a .786 retracement so I decided to see if I could get a quick trade on GU.

OTZ: Found on 1H with multiple 3 bounces

Trendline: Higher Low from last impulsive low

Fibonacci: .786

- Drew the Fib on a lower timeframe
- Didn't wait for an entry signal (EMA crossover on the 15M)
- Counter Trend Trade