GBPUSD | Demand regain control for a short term buy

25 Jan

I expect GBPUSD to rise to 1.27747.
a potential demand zone was created when 1.27473 was liquidated thus negate the supply zone.

30 Jan

Trade aktif

GU hit 1.27585 and fail short to hit target.
GU still on demand zone there is possibility for the demand to hold considering the MSS (market structure shift) after the PDL (previous day low) was liquidated

2 Feb

Catatan

supply zone is no more in control, though GU liquidate the low 1.26497 of the demand zone
react on (1.26368 - 1.25975) demand zone creating a strong impulse candles thus the sentiment for GU will bullish.