GBPUSD - Probable trade set-ups

Updated
Key Highlights:

1. Higher time frame trend = Bearish
2. Multiple BOS to the downside
3. Retracing back towards the 4H POI
4. Liquidity pool overhead
5. 2 probable trade set-ups:
a> Rejection from the 4H POI
b> Sweep above the last HTF high taking out the liquidity before falling back towards the range low

Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

Happy learning. Cheers!
Rajat Kumar Singh (johntradingwick)
Note
Invalidated. No change in structure.
Chart PatternsGBPUSDTechnical IndicatorsTrend Analysis

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView

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