Gbpusd Technical Narrative:
-Y: Bearish, Double Bottom, At The Bottom Atm.
-M: Bearish, Beautiful, Pulling Back Atm, Longs And Sells Valid.
-W: Bearish, Pulling Back. Reacted From Breaker, Also Good Demand.
+D: Bullish, Big Demand Block.
-4H: Bearish, Looking For Sells, In Premium For True Range, Discount For Not Confirmed. We Have Room For The Downside. Might Move There. Good Short.
+1H: +Choch, Still Shorting, Because Of Htf Narrative. At 0.5 Made Some Money.
+15M: Man Wanted Some Liquidity And Did A Choch, Still Htf Narrative Is Bearish Already Shorted. Good Trade. Dollar Strength.
Trade: Short, Supply Htf, Good Bias, Good Trade. Big Traget, Looking To Add. Already In.
What Is Wrong: In Discount And In Demand.
-Y: Bearish, Double Bottom, At The Bottom Atm.
-M: Bearish, Beautiful, Pulling Back Atm, Longs And Sells Valid.
-W: Bearish, Pulling Back. Reacted From Breaker, Also Good Demand.
+D: Bullish, Big Demand Block.
-4H: Bearish, Looking For Sells, In Premium For True Range, Discount For Not Confirmed. We Have Room For The Downside. Might Move There. Good Short.
+1H: +Choch, Still Shorting, Because Of Htf Narrative. At 0.5 Made Some Money.
+15M: Man Wanted Some Liquidity And Did A Choch, Still Htf Narrative Is Bearish Already Shorted. Good Trade. Dollar Strength.
Trade: Short, Supply Htf, Good Bias, Good Trade. Big Traget, Looking To Add. Already In.
What Is Wrong: In Discount And In Demand.
Trade closed: target reached
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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.