GBP (GBPUSD, 6B1!) From Bullish to BEARISH
Updated
Price is currently in a W/D1 -FVG. Therefore, I am Bearish.
Look at the position of price in the trading range. Reached into Premium last week, then back into Discount a bit. We Open this week with price heading up, in the near term.
Looking for the signature for sells.
LIKE, COMMENT or SUBSCRIBE if you like and want to see more analysis.
Thank you for viewing!
Look at the position of price in the trading range. Reached into Premium last week, then back into Discount a bit. We Open this week with price heading up, in the near term.
Looking for the signature for sells.
LIKE, COMMENT or SUBSCRIBE if you like and want to see more analysis.
Thank you for viewing!
Note
Considering where price is in the trading range, the Daily -FVG just above price is a location I would be happy to sell from. I believe it is High Probability.
Just have to be patient and wait for the change in the state of delivery.
Note
Getting closer.
NFP news could wick us to the premium array... and set up the sell.
We'll see.
Note
Reached the poi as expected.
Bearish bias next week.
Related publications
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.