AlkalineFX

GBPUSD: Trapped Sellers Everywhere ðŸŧ

āļĨāļ”āļĨāļ‡
AlkalineFX āļ—āļĩāđˆāļ­āļąāļ›āđ€āļ”āļ•:   
FX:GBPUSD   āļ›āļ­āļ™āļ”āđŒāļ­āļąāļ‡āļāļĪāļĐ / āļ”āļ­āļĨāļĨāļēāļĢāđŒāļŠāļŦāļĢāļąāļ
After analysing the volume and delta profile, it seems that a large number of sellers are found trapped down the chart where we have had previous fake breakouts.

Now that we are in a major supply, it is likely to see some of these bullish moves being corrected.

I will be waiting for a liquidity grab of the equal highs created within the supply, followed by a shift in the structure before I join the sellers.

Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💎

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Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.

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