GBPUSD Bullish Setup Week 1 Jan. 2023
Following Price action, GBPUSD did not fall as far as estimated for December 2022. However, this is still a Seller's market.
Using Technical Analysis, I am anticipating at least a 200pip drop to 1.1881 before price retest supply zones at 1.229.
It is important to wait for price to take out liquidity at 1.21076 before we see the drop.
**Please remember, this is a public service, I do not try to catch all the moves in the market. I use my Top-down analysis to confirm directions on my intraday trades. My bias changes ALWAYS to adapt to price action. We have a direction for price action in the first week of January. My analysis might help you profit by looking for trades in the momentum of price.
As always, trade cautiously.
Using Technical Analysis, I am anticipating at least a 200pip drop to 1.1881 before price retest supply zones at 1.229.
It is important to wait for price to take out liquidity at 1.21076 before we see the drop.
**Please remember, this is a public service, I do not try to catch all the moves in the market. I use my Top-down analysis to confirm directions on my intraday trades. My bias changes ALWAYS to adapt to price action. We have a direction for price action in the first week of January. My analysis might help you profit by looking for trades in the momentum of price.
As always, trade cautiously.
Catatan
Hiya, Happy New Year! I am currently watching for this price setup for the sell part of this week.Trade aktif
First trade of the year! Watching for my next entry to BOS.Catatan
I havent entered yet, still expecting price to give a higher discounted entryCatatan
Entry scenario: If price breaks the recent low, then I would also anticipate this price action.Catatan
At last, Price made a move. GBPUSD now has a BOS, i would be waiting for the retest.Trade aktif
I had set an entry and went to bed. It was not my best entry, however, lets continue watching price action.Trading ditutup secara manual
Would wait for a higher entry, and in LDN sessionCatatan
hmmm...possible scenarioTrading ditutup: target tercapai
Yes!Catatan
Next Trade idea: Catatan
Price has travelled too far, we might not retest the demand zone turned supply. I would be watching for distribution at the 38.2%Catatan
I might do a short buy to the 38.2; the zone I am watching. Remember, I don't try to capture all the moves of the market, just taking advantage of price action to profit.Trading ditutup: target tercapai
Nice! would be watching for price reversal at the 78.6 and the 88.6Catatan
There was no pullback to buy, instead price went back to discount for a sell. I would be watching for a 5min BOS for sell entry.Catatan
I would be watching for either of these patterns on the 15mins for an entry.Trade aktif
My SL is at BE already to avoid sob stories.Trade aktif
Remember, I am looking for a 15min BOS. So we are not out of the woods yet.Trade aktif
nice!Trading ditutup secara manual
I just closed my trade for NY session. I might not trade anymore today, unless price comes into my anticipated zones. We might have this for price action. As always trade cautiously.Catatan
Good morning :)I would be watching for either of these price actions:
Catatan
No entry. Price broke the high, complicated pullbacks. I would be watching for either of these:Catatan
Thanks to chimpsky for helping me take a step back. The sells are over. We've got multiple break of structures on the 15mins and 1hr signifying reversal. I also observed the trend already hit a 0.618% expansion. I would be waiting for a retest to buy now.Catatan
We might have an opportunity here:Trade aktif
Price took my entry at the 38.2, without breaking the recent low. The setup still looks valid. However, I anticipate price reversing to take out major liquidity when it gets to its destination.Catatan
Trading ditutup: target tercapai
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.