GBPUSD That's how the Liquidity is engineered before the actual move.
So far 17 PIPs Positive. (TP 2 level) I just gave a step by step live break down of a M1 price action there. Now our TP level will act as support if the price intends to honour the bulls and resistance when bears peak in. (back-test and look for your self) > BTW 1.296 filled as per my initial post 35 mins back.
GBPUSD C wave of corrective structure extended but it has got rejected from confluence area with strong resistance, R3 pivot level, monthly level , LRS200 line, fib extension 0.618 level.. if rejection sustained then 100% sell .. plus tomorrow GBP news.. need to see reaction at this level
GBPUSD I second blamezak_trades comment it does not work. It looks like it does. But it does not. MA's show you the past price action. Not what is to come.
GBPUSD Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the GBP/USD "The Cable" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. ๐๐ธ"Take profit and treat yourself, traders. You deserve it!๐ช๐๐
Entry ๐ : "The heist is on! Wait for the MA breakout (1.30500) then make your move - Bullish profits await!" however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level. ๐I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss ๐: "๐ Yo, listen up! ๐ฃ๏ธ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout ๐. You feel me? Now, if you're smart, you'll place that stop loss where I told you to ๐, but if you're a rebel, you can put it wherever you like ๐คช - just don't say I didn't warn you โ ๏ธ. You're playin' with fire ๐ฅ, and it's your risk, not mine ๐."
๐ Thief SL placed at the recent/swing low level Using the 4H timeframe (1.27000) Swing/Day trade basis. ๐ SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
๐ดโโ ๏ธTarget ๐ฏ: 1.35000 (or) Escape Before the Target