GBP/USD_4th Week of April 2021

From Higher TF (Weekly & Daily), price remain bullish and now in it's correction phase. I use the resistant trendline to measure the breakout and as an entry point for Long position.

However we need to also respect a continuation for bearish movement in lower TF (1 Hour) as price is potentially forming a double top formation which indicate a bearish pattern

*Key is to look for the price action and structure