GBPUSD is showing signs of a potential liquidity grab above a key high. Just above that liquidity area, there’s a Fair Value Gap (FVG), which adds confluence for a potential bearish reversal.
Once the buy-side liquidity is swept, I’m anticipating a bearish Market Structure Shift (MSS). If price returns to the FVG after the shift, that zone would be a potential area for a short entry.
Confluences:
Liquidity above a key high
FVG located just above the liquidity zone
Expected bearish MSS after the sweep
Looking for price to revisit the FVG to confirm a short setup with clean risk management.
Once the buy-side liquidity is swept, I’m anticipating a bearish Market Structure Shift (MSS). If price returns to the FVG after the shift, that zone would be a potential area for a short entry.
Confluences:
Liquidity above a key high
FVG located just above the liquidity zone
Expected bearish MSS after the sweep
Looking for price to revisit the FVG to confirm a short setup with clean risk management.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.