GBPUSD BEARISH?
LIQUIDITY SWEPT- Price has just swept the previous month high
PD ARRAY- Price has moved to the bullish orderblock mean threshold level and has shown a reaction by changing character in the 4h time frame
anticipation-we expect price to be bearish because of the above scenarios and also price is above the monthly opening price indicating that the price is in the premium I anticipate price to move to the SSL which is the previous month low
With this bias one can create informed entries and help to mark important levels
#ICT concepts
PD ARRAY- Price has moved to the bullish orderblock mean threshold level and has shown a reaction by changing character in the 4h time frame
anticipation-we expect price to be bearish because of the above scenarios and also price is above the monthly opening price indicating that the price is in the premium I anticipate price to move to the SSL which is the previous month low
With this bias one can create informed entries and help to mark important levels
#ICT concepts
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.