SeremoniaFx

GBPUSD, DAILY (with Hotspot & Length of Bearish)

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FX:GBPUSD   Libra Esterlina/Dólar Americano
MAY 27.2015. Although it's bearish, but wait until 10 bars to see the 1st trend. Length of Bearish = 20 bars (approximate). Unless we want to take the risk.

From 1 to 20 bars in details:

1st -> 10th bars = 1st trend
11th -> 12th bars = Open Position following 1st trend (cut loss/ hit stop loss)
12th -> 13th bars = 2nd trend
14h -> 20th bars = Open Position following 2nd trend

20th > more = might be following 2nd trend, reverse or sideways.

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