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.

ความคิดเห็น:

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

การซื้อขายยังคงดำเนินอยู่:

Risk management is key.

การซื้อขายยังคงดำเนินอยู่:

🤩

ปิดการเทรด ด้วยตนเอง:

SL hit BE

ความคิดเห็น:

i would be expecting this today...

ความคิดเห็น:

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

การซื้อขายยังคงดำเนินอยู่:

การซื้อขายยังคงดำเนินอยู่:

การซื้อขายยังคงดำเนินอยู่:

การซื้อขายยังคงดำเนินอยู่:

:)

ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

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

ความคิดเห็น:

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

ความคิดเห็น:

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

ความคิดเห็น:

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.

ความคิดเห็น:

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...💪🏽💯

ความคิดเห็น:

Cancel sell setup. Price has met target.

การซื้อขายยังคงดำเนินอยู่:

I am buying already.

ความคิดเห็น:

There might be a pullback to discount.

ปิดการเทรด ด้วยตนเอง:

closed my buy. 15mins is bearish.

ความคิดเห็น:

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

ความคิดเห็น:

ความคิดเห็น:

The break of that high is the buy trigger.

ความคิดเห็น:

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

ความคิดเห็น:

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.

ความคิดเห็น:

closed my sell. I would be buying now.

การซื้อขายยังคงดำเนินอยู่:

ความคิดเห็น:

target:

ปิดการเทรด ด้วยตนเอง:

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

ความคิดเห็น:

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:

การซื้อขายยังคงดำเนินอยู่:

Buying to sell entry.

ความคิดเห็น:

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

ความคิดเห็น:

Currently with unfolded price action, I am anticipating this:

ความคิดเห็น:

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

ความคิดเห็น:

hmmm...

ความคิดเห็น:

I would be looking entry there...

ความคิดเห็น:

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.

การซื้อขายยังคงดำเนินอยู่:

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

ความคิดเห็น:

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

ความคิดเห็น:

การซื้อขายยังคงดำเนินอยู่:

การซื้อขายยังคงดำเนินอยู่:

Plan for today:

ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

ปิดการเทรด ด้วยตนเอง:

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

ปิดการเทรด ด้วยตนเอง:

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.