GBPUSD GBP/USD: Precision Trading with SMC, ICT, and Price Action StrategiesAnalysis:
Price Action Strategy:
Support and Resistance Levels:
The chart shows multiple support and resistance levels, including previous highs and lows.
Break of Structure (BOS):
Several BOS points are marked, indicating significant shifts in market structure.
Change of Character (CHoCH):
CHoCH points are also marked, indicating potential reversals.
Smart Money Concepts (SMC):
Order Blocks:
The chart highlights potential order blocks where institutional traders might place large orders.
Liquidity Zones:
Areas where liquidity is likely to be found, such as previous highs and lows, are marked.
ICT (Inner Circle Trader) Concepts:
Fair Value Gaps (FVG):
The chart shows potential FVGs where price might return to fill gaps.
Optimal Trade Entry (OTE):
Fibonacci retracement levels (0.382, 0.5, 0.618, 0.705, 0.786) are used to identify optimal entry points.
Indicators:
Volume Profile:
Shows the volume traded at different price levels, indicating areas of high interest.
Relative Strength Index (RSI):
RSI is currently around 48.74, suggesting a neutral market condition.
Moving Average Convergence Divergence (MACD):
MACD is showing a slight bearish divergence, indicating potential downward momentum.
Buy Signal:
entry: 1.25931324
tp1: 1.27000000
tp2: 1.27500000
sl: 1.25478676
Sell Signal:
entry: 1.26253548
tp1: 1.24800000
tp2: 1.24300000
sl: 1.26500000
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Trade active
trade active entry: 1.25931324
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Alex Gold Hunter
Free Signals & analysis
Join for Free
Scalping Signals
t.me/Pipsschase09
Swing Signal
t.me/alexgoldhunting
Free Signals & analysis
Join for Free
Scalping Signals
t.me/Pipsschase09
Swing Signal
t.me/alexgoldhunting
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.