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)
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.
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
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.