Yousuf_H1

Yousuf_H1

Time to take the sellers out and break past our 4hr supply zone, price has been consolidating for a while now..

Yousuf_H1

Can look for buy up to entry point

Yousuf_H1

With the assumption we don’t break the hour zone just yet we should see a strong push to the down side, however if we do break past it, look for sells In 4hr zone.

Yousuf_H1

If price retests entry level closing with wicks we can see a move to the upside.

Yousuf_H1

Can go long up to red line, then short down to main entry for a long term buy, as you can see the long position can reverse at 7344.9 or break through to our next sell zone. Either way we will keep an eye on it for further decisions.

Yousuf_H1

Re enter, depending on price action at buy zone.

Yousuf_H1

Price will shoot up to the point of reversal where all liquidity will be captured. Sell orders will have their stop losses hit, buyers will enter but banks will reverse it all the way back down.

Yousuf_H1

Price has a lot of sell momentum , after a retest it will confirm wether or not sellers still have their orders that need to be filled in.

Yousuf_H1

With the US on lockdown... people staying at home... less people working, unemployment rate in my opinion should have increased on the new report, we should see foreign investors pulling out of USD and pushing into GBP ...

Yousuf_H1

Aggressive buyers... more orders to be filled at entry then taken all the way to the upside ...

Yousuf_H1

Wait for a retest, enter long, capturing more liquidity.

Yousuf_H1

Buyers are trapped, price has to reverse back to the bearish institutional showed by the red line in the middle to break even ... trade could run after that all the way to the top for TP2. Depending on price action.

Yousuf_H1

Liquidity placed above triple top, banks will push price down to entry to grab more sellers , they will also break even on their long positions and then drive price to break the triple top hitting all stop losses. 2 possible entries, will update with price action in a couple of hours

Yousuf_H1

Triple top, enticing sellers to go short, banks will hit their stop loss at entry which follows up on a institutional candle from before, current bearish engulfment shows retail traders there’s hope for sell, SL will get hit at entry then ride it back down. Banks also break even at entry.

Yousuf_H1

Downward channel has been viewed , retail traders have been selling, keeping their stop losses above the downward trend, this is where banks will wipe them out..

Yousuf_H1

Last buy trade ... got stopped out ... let’s see what happens with this short, minimise risk as GU is very unstable with all these news events , we cannot predict accurately GU’s next move.

Yousuf_H1

Price has formed an M... enticing retail traders to sell, price also has been on a downtrend which confirms retail traders to sell even more, banks grabbing as much as liquidity as possible before the big rise.

Yousuf_H1

Should see a reversal at the sell point... exhaustion straight to the buy point. Follow up on institutional candles.