GBPUSD recently broke structure on the H4 chart. Price is expected to react on the demand zone in the chart. and then retrace to the supply zone above for entry to take the price downward. entry confirmation on a lower timeframe should be considered to reduce the number of pips as stop loss. a buy can be attempted from the 1.3650 level and 1.3630 level (this is...
In this 15min timeframe, price broke structure to the downside. leaving behind an untapped demand zone. My expectation is for price to trade back into the demand zone to take a short position on GBPUSD.
This is a trading opportunity on the NZDUSD. I am expecting the price to move into my point of interest. As you can see there is liquidity resting above the highs just before the point of interest (order blocks). once the price gets to my POI I will start looking for a Short setup on NZDUSD. what do you think about the setup?
Due to NFP tomorrow The GBPUSD trade setup should be given more room to breathe cos of high volatility. There are two trade setups for us to trade in. Here is the setup