GBPUSD I Short-term intraday shortWelcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Strucure
AUDCHFClassic AMD Trade In SnD Schematic
Daily Time-frame On The Left Breakdown
Using The PD Arrays We Have Identified That Price Is At Discount Price Prior To The Latest 2021(Nov & Dec) Swing High And Swing Low
We'll Be Looking To Frame Sell Setups That Would Meet The PD ARRAYS
Discount PD Arrays
> Old High
> Rejection Block
> Bearish Orderblock
> Fair Value Gap
> Liquidity Void
> Bearish Breaker Block
> Bearish Mitigation Block
Let's Checkout Our PD ARRAYS
> Old High ✔️
> Rejection Block (Not Found In The HTF)
> Bearish Orderblock (Labelled $$$> Which Acts As A Supply Zone Also) ✔️
> Fair Value Gap ✔️
> Liquidity Void ✔️
> Bearish Breaker Block (Pending)
> Bearish Mitigation Block (Pending)
We Looking For A Small Pullback to Filled The Liquidity Void Which Will Validate The Setup On The Right , The STF Setup.
2H Time-frame On The Left Breakdown
We Have Divergence , Oscillator Showing That Price Failed To Make Higher Highs, We'll Apply That As A Reversal Symbol Followed By Reversal Price Actions
Rising Wedge Pattern Formed , Yet Hasn't Broke Out
Wedge Patterns Usual Form Reversal Patterns Like Head And Shoulders And M-Formations OR Both
The Reversal Pattern Will Determine Our Directional And Entry Point
We Have A STF Classic AMD Trade , Our A Box Is Complete
> M = Has Already Set In We Waiting For The D Movement To Take Out The Low And Retest At The Equilibrium Of The A BOX
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GBPCHF - Tough MarketTough market to trade this week, the level of manipulation is out of this world. Im very interested in trading this pair, what I would like to see is a confirmed close below the structure marked to be able to sell it. If we see price shoot to the upside, I will leave this trade untouched.
COT Data - 64% Lonf
DO NOT MISS OUTVery simple market structure here. The daily time frame shows the market in a bearish trend. With an impluse, a correction to the upside then continuation to the downside.
There has been 3 days of multiple rejections in the descending channel and has now created a bearish shooting star, suggesting a strong move towards the downside.
Watch the comments as I will break this pair further down on the lower time frame and how I plan on entering this trade.
If this helps you out, let me know and any feedback would be appreciated
Thanks
Nath