GBPUSD Sell Setup ~545pips

GBPUSD is in its final phase of the Uptrend correction, and so still long term bearish on weekly scale.
I would be expecting a pullback to 1.196 before some bullish momentum to grab supply at 1.22.
We might not see large bearish momentum this week, however, there are still opportunities to trade price action.
The target for the sell setup is almost 545pips at 1.165.

Bình luận:

If Price action is not going to break the Asian low, I will be buying.

Giao dịch đang hoạt động:

Risk management is key.

Giao dịch đang hoạt động:

🤩

Giao dịch được đóng thủ công:

SL hit BE

Bình luận:

i would be expecting this today...

Bình luận:

I would be looking for a sell entry at discount to the recent Higher low.

Giao dịch đang hoạt động:

Giao dịch đang hoạt động:

Giao dịch đang hoạt động:

Giao dịch đang hoạt động:

:)

Đóng lệnh: đạt mục tiêu:

I closed my positions. There is news in 3mins.

Bình luận:

loool. Guys look at this! See how price shot up with news lol. It pays to have a precise TP!

Bình luận:

Unless price gives consecutive LLs on the 15min, I would looking for buy setups for the rest of the day.

Bình luận:

with the unfolded Price action, we are every bullish right now, so I won't be looking for sells. Price could reverse at the 38.2 retracement and continue on to bullish target for the week.

Bình luận:

Yea, I said I wont be looking sells...I meant, my bias is not changing to sell. But if there is an opportunity to profit...💪🏽💯

Bình luận:

Cancel sell setup. Price has met target.

Giao dịch đang hoạt động:

I am buying already.

Bình luận:

There might be a pullback to discount.

Giao dịch được đóng thủ công:

closed my buy. 15mins is bearish.

Bình luận:

I would be anticipating liquidity before the next sell to bearish discount.

Bình luận:

Bình luận:

The break of that high is the buy trigger.

Bình luận:

Since price broke lower, I would be expecting a pullback to sell.

Bình luận:

Price did not pullback for liquidity, but continued expansion. I have adjusted my outlook with Price action. I still intend to sell when price retest the trendline. My target would be 1.2.

Bình luận:

closed my sell. I would be buying now.

Giao dịch đang hoạt động:

Bình luận:

target:

Giao dịch được đóng thủ công:

Closed my trade at BE. this is annoying. Price went for my previous sell target.

Bình luận:

Good morning. This week has been an interesting week for price action. I've had to adapt expectations as price action unfolded. I had initially thought we would break 1.2269, but it looks like the distribution pattern won't have a UTAD.
Based on current price action, this is my expectation for today, last day of the week:

Giao dịch đang hoạt động:

Buying to sell entry.

Bình luận:

I love GBPUSD 🤩🤩🤩
This is what I expect for Monday and Tuesday next week. I would give an updated comment on Wednesday.

Bình luận:

Currently with unfolded price action, I am anticipating this:

Bình luận:

That was tricky for a moment...still observing Price action.

Bình luận:

hmmm...

Bình luận:

I would be looking entry there...

Bình luận:

There was no entry...as long as price doesn't break the high and reach the bullish target, I would be looking for 15mins BOS to take liquidity.

Giao dịch đang hoạt động:

there wasn't much room to join the momentum yesterday. Selling at the moment.

Bình luận:

Hmmm... As long as price doesn't break the HL, I would buy the breakout.

Bình luận:

Giao dịch đang hoạt động:

Giao dịch đang hoạt động:

Plan for today:

Đóng lệnh: đạt mục tiêu:

Giao dịch được đóng thủ công:

The main sell setup has become invalidated. My bias is shifting.

Giao dịch được đóng thủ công:

The main sell idea is invalidated, but since I am posting a new setup tomorrow, this is my last sell analysis of this setup and today.