Do you know what Changes of Character are? Do you ever look for them? And above all, do you also use them at low timeframes?

[Alessandro Riggi]

Beautiful Change of Character today on GBP/USD. Did you take advantage of it?

Do you know what Changes of Character are? Do you ever look for them? And above all, do you also use them at low timeframes?

Yesterday around 4 p.m. (Italian time), the first signals began to appear:

1. Divergence between highs and MACD

2. The RSI was in Overbought.

Subsequently, following the break of the trendline of the lows, which occurred in the evening (around 8:00 pm Italian time), I patiently waited for the price to drop below the "CHOC" level (horizontal yellow line) and once the retracement was confirmed (circled in red), there was nothing left but to go Short.

Did you take advantage of the opportunity?

See the attached image.