POTENTIAL BEARISH CYPHER ON GBPUSD
Hello guys we have a potential bearish cypher currently forming on GU.
With the following measurement
XA MEASUREMENT OF B-POINT =0.382 valid
AB MEASUREMENT OF C-POINT = 1.272 valid
bc not required
the final measurement of XC of the PRZ COMES between 0.886 and 0.786.
SMC- We have a mitigation of Daily Order block after price took out the structural liquidity. we will be expecting a LTF choch, marked by the red line on that candle.
This set up becomes invalid if SL is violated
Lets see how this goes...
Remember trading involves huge risk. do not trade with an amount you cannot afford to lose.
Wishing us a wonderful trading day.
With the following measurement
XA MEASUREMENT OF B-POINT =0.382 valid
AB MEASUREMENT OF C-POINT = 1.272 valid
bc not required
the final measurement of XC of the PRZ COMES between 0.886 and 0.786.
SMC- We have a mitigation of Daily Order block after price took out the structural liquidity. we will be expecting a LTF choch, marked by the red line on that candle.
This set up becomes invalid if SL is violated
Lets see how this goes...
Remember trading involves huge risk. do not trade with an amount you cannot afford to lose.
Wishing us a wonderful trading day.
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