GBPUSD: First green day, inside day, Tuesday day 2

18 JunHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”

1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)

• Monday DAY 1 Opening Range
  
• Tuesday DAY 2 Initial Balance ✅ day 3 cycle
  
• Wednesday DAY 3 (reset DAY 1) Mid Point Week
  
• Thursday DAY 2
  
• Friday DAY 3 Closing Range
  

2. SIGNAL DAY

• First Red Day
  
• First Green Day ✅
  
• 3 Days Long Breakout
  
• 3 Days Short Breakout
  
• Inside Day ✅
  

3. WEEKLY TEMPLATE

• Pump&Dump
  
• Dump&Pump ✅
  
• Frontside
  
• Backside
  

4. THESIS:

• Long: primary, potentially a weekly dump and pump scenario if a buy setup will present. Tomorrow is US bank holiday, I don't expect this market to make a large move, also because is still in consolidation.
  
• Short: secondary, the inside day can also be a setup for a reversal trade, however, at the moment looks like the market placed a higher high at Monday HOD and started dumping for a pump.
  

Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni

18 Jun

Komentar

I would like to see a higher high on the inside, before taking in consideration the long here

18 Jun

Komentar

HH on the inside ..

18 Jun

Komentar

3 sessions setup dump and pump completed!