15/05/2023 - 19/05/2023 GBPUSD Mapping

Updated
1) Heavy sell / Huge bearish candle breaking previous support (HL).
2) Buy setup are possible but risky due to retracement move only.
3) Sell on 1.2507 if price making liquidity below level
4) if no liquidity happen, wait for 1.2561 for sell off
Note
1) price seeking sell zone before continue its downtrend on LTF
2) According to plan, price must made an inducement structure below pov orderblock for entry sell
3) Waiting for inducement structure to happen first
Order cancelled
1) inducement seen failed to formed below 1.2508 level
2) i choose no to trade on current level and wait price to go higher at 1.256 level
3) same procedure on 1.256 level im also waiting inducement structure to happen
Note
1) waiting buy position below inducement level on 1.2436 level
2) potetial a liquidity sweep
Multiple Time Frame AnalysisSupply and DemandSupport and Resistance

Disclaimer