Short GBPUSD
Guys,
If you look closely..
price has been in a range formation on the HTF.
But knowing how to spot liquidity can be so much convenient to get a setup up.
Previous session (asian) high has been swept by London.
Also displaced asian low.
Now a CoC formation has been played.
Now I want to get a continuation set up.
I love to use fibs here, to determine the displacement PDA best on the 15mins
The the hunt Begins on 5mins.
I want 3 or 2 most confluence to align
I use
OTE (50% or 23.6%)
FVG
ORDRBLOC
This is how I Top Down analysis to get a high probability Trade set up.
Utilize proper risk management
If you look closely..
price has been in a range formation on the HTF.
But knowing how to spot liquidity can be so much convenient to get a setup up.
Previous session (asian) high has been swept by London.
Also displaced asian low.
Now a CoC formation has been played.
Now I want to get a continuation set up.
I love to use fibs here, to determine the displacement PDA best on the 15mins
The the hunt Begins on 5mins.
I want 3 or 2 most confluence to align
I use
OTE (50% or 23.6%)
FVG
ORDRBLOC
This is how I Top Down analysis to get a high probability Trade set up.
Utilize proper risk management
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