Nonso_Fx

Nonso_Fx

From the HTF we have a clear bearish shift in market structure and in correlation with the bullish shift on the JPY basket; this sealed my bearish bias. Going down to the Hourly TF 2H, we see a rejection off the SIBI that created the break in structure on the daily while leaving a bearish order block in line. I would expect price to validate the OB and show AMD on...

Nonso_Fx

To start off, GBPUSD WEEKLY time frame was bearish all the way to the DAILY and the 4H time frames. On the DAILY we had a quite some consolidation which left equal lows but no new highs created. Going down to the 4H time frame the liquidity setup on the low was quite clear to see. Price pulled back to the high of WEDNESDAY, took it out (grabbed liquidity/Stop...