Ok
VSA'ers-- I have a riddle for all of you.
Posted below are (2) charts a GBP/USD 1 Hr and a GBP/USD 4 hr.
On the 1 hour chart you see a nice WALL of resistance around 1.9705. Indicative of a market rise is coming.
On the 4 Hour chart you see an upthrust after a nice start to the downward move. Which is indicative of further decline.
So if you were to take a trade looking at these charts. Would you go long? Or would you go short?
Looking forward to how everyone reads and analyzes this to come to a conclusion!
1Hr.jpg
4Hr.jpg