GBPAUD shorts for next week guys forget bulls, market structure tells the truth and bulls are not in it
Australian Dollar/British Pound forum
๏ปฟGBPAUD shorts for next week guys forget bulls, market structure tells the truth and bulls are not in it
GBPAUD time to break out
GBPAUD Bulls about to take overGBPAUD possible shorts for next week
GBPAUD wait for short position
Ignition on. Luggage and passengers all aboard. Get ready for take off ๐ซ
GBPAUD Idea: FALLING WEDGE LONG? BULL FLAG โฆ
GBPAUD Idea: FALLING WEDGE LONG? BULL FLAG โฆGBPAUD shorts are coming pplGBPAUD bull flag 4 hour. Long Long
GBPAUD shorted...SGA @ 2.0960
serious volume...due to solid setup ๐ฏ
u know GA... always wild ride... ๐
GBP/AUD is currently facing resistance around the 2.0969 level , a zone where price has previously reversed. While this level has historically acted as a ceiling, the market has been printing higher highs and higher lows, suggesting bullish momentum leading into this resistance.
However, this rally may not be as simple as it appears. We are observing signs of silent accumulation, potentially from market makers, along with pending buy orders being triggered by retail traders at this level. This sets up a classic scenario for a liquidity hunt โ a move intended to liquidate buyers' stop-losses placed below a nearby minor key level.
๐ต๏ธ Strategic Plan: Wait for Manipulation
๐ Step 1: Wait for liquidity to be formed below the minor key level โ this will signal possible manipulation (fakeout/liquidity grab).
๐ Step 2: Watch for price to reclaim the key level with momentum.
๐ Step 3: Entry will be considered at 2.09460 after confirmation of liquidity and break back above the minor key.
We are now watching for a manipulation move โ price breaking below the minor key level to collect liquidity, followed by a re-break above as confirmation of smart money re-entry.
However, this rally may not be as simple as it appears. We are observing signs of silent accumulation, potentially from market makers, along with pending buy orders being triggered by retail traders at this level. This sets up a classic scenario for a liquidity hunt โ a move intended to liquidate buyers' stop-losses placed below a nearby minor key level.
๐ต๏ธ Strategic Plan: Wait for Manipulation
๐ Step 1: Wait for liquidity to be formed below the minor key level โ this will signal possible manipulation (fakeout/liquidity grab).
๐ Step 2: Watch for price to reclaim the key level with momentum.
๐ Step 3: Entry will be considered at 2.09460 after confirmation of liquidity and break back above the minor key.
We are now watching for a manipulation move โ price breaking below the minor key level to collect liquidity, followed by a re-break above as confirmation of smart money re-entry.
