GBPUSD Outlook 9/18

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Bearish on GBPUSD expecting it to chase buyside first. Annotation on chart, no live trades on market, PNL just to show where I think the probabilities lie at the moment.
Ghi chú
ảnh chụp nhanh

Short on GU
Giao dịch đang hoạt động
ảnh chụp nhanh

Initial reaction favorable. my expectation is that price will seek to close the range between 12AM and 8AM opens to fill the sellside inefficiency. SL is at BE.
Giao dịch đang hoạt động
ảnh chụp nhanh

Trade continues to develop favorably, TP2 has been moved to a more conservative .05 bearish extension of the open range.
Ghi chú
ảnh chụp nhanh

Closed TP1 at bottom of hourly FVG as I did not want to give anything back to the market. 20% of initial volume left till lower target. Really loved the delivery on this one.
Ghi chú
TP1 selection level was ideal as the reaction was a significant retracement tradingview.com/x/VTk5tOl3/. outlook for the day remains bearish.
Đóng lệnh: đạt mục tiêu
ảnh chụp nhanh

Had to hold this for a while but final TP hit, price kept falling. Happy with my piece of the pie.
ForexGBPUSDoutlooksignalsTrend Analysis

Let the algo show you its hand.
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