Point of interest, after price delivered in the previous post the ideology is still the same. Proceed with enough confirmation.
Different perspective of markets. As we see price is somewhat failing to break to the upside we see a head& shoulders , liquidity building up , but we have to proceed with caution by waiting for setup, me personally I am looking forward to sell if price doesn't then I will look for potential buys .
This is an invalid point of interest (POI) regarding liquidity. My reason for saying this is that although there was a brief momentum where the market received an influx of funds, it is merely a temporary situation to attract money, and the market will soon revert to its intended direction.
Earlier this week, I shared a breakdown of a setup that occurred. It was provided to others without any cost. I'm excited about the prospect of joining a group where I can contribute my experience and knowledge to help individuals make money in this market, all without any charge. Please if you part of any communicate that wants recruit another trader please comment.
As the market opens, it's crucial to determine the direction in which the market is headed. To assess this, I would suggest focusing on specific zones that have exhibited strong volume. These zones can provide valuable insights and help guide our trading decisions.
AS we head to higher highs // will be looking forward to enter a buy at the poi and to take liquidity of the topside// If price rejects my POI which it's a probability then my BIAS would change for GBPUSD.// Comment and let me know what you think./
POI for trend continuation// Price may fall through or reject // just be patient and wait for buy setups//
Possibilities, as price takes out the highs the continuation of the current trend is what we want. As price returns into any of the POI I would be going long unless there is no good formation for a buy.
From looking at current price action// I could assume GBPUSD has more higher highs to take out// the supply zone I pointed out earlier isn't really giving me a strong demand so Price could be bullish
Potential setup as price reaches for my poi. Will look forward to seeing if price provides a good setup before entering.
Potential setup as price reaches for my poi. Will look forward to seeing if price provides a good setup before entering.
As we focus this week on certain pairs this is my analysis of GBPUSD. Looking for a price to sell off at that area or if not, we find another setup so mainly focusing on buys to that area while the dollar will be selling. What do you think????????????
GBPUSD is by far one of the most understanding price actions. Leh me Leh yall in on a little secret on how this trade was taken. So following the open of the week price couldn't close below previous low. Due to that price will try to take out the previous high and possibly head to the lows or continue pushing high..
GBPUSD been painting a beautiful picture lately. Price going to the POI and reacting with a sell as expected. For continuation of trend 4hr POI is another entry point for sell.
After CHOCH at the supply level, price is showing potential sell.
Taking a short over here | if price shows further rejection will be a good reward |
As we take a look back to previous post that zones were POI | This is a setup for a buy and a sell | Game of probabilities | let me know what you think | Yh YOU
From my previous load I did point out where price was going to get a buy reaction. Now second entry will be that potential zone after the right reaction is confirmed. This trade isn't 100% // A game of probabilities.