21 October 2015, GBP/USD
The daily chart: here are two consecutive false upward breakouts areas of IB - it's definitely a strong southern karma. We expect beginning of a strong decline toward 1.5159
H1 chart:phase of the upward swing, and right now, after close of the next hour bar, the market will provide entry points down.
Scenario:So, we wait for touch of zone 1.5440-1.5460 and sell towards 1.5160 (target is not intraday's one).
Solutions:
1) sell from 1.5440-1.5460 to 1.5160.