GBPUSD: A POST MOVE ANALYSIS
Today, to say the truth, i was actually looking for bullish entries but the market actually showed me the bullish signs were actually a trap
why did i go bullish:
because the 1HR TF price, made a change of character from bearish to bullish by making a break of structure to the upside. it actually took a buyside liquidity with small fvg. but what i did not notice was that, there was an unmitigated bearish ob above that and the price fell directly from that ob.
As i was bullish, i did not notice that and missed the trade on the bearish side. but i took a small
1 min scalp on pullback, entry on target 1( which i consider to be risky and i will not recommend it) and took my profits near the target 2.
why did i go bullish:
because the 1HR TF price, made a change of character from bearish to bullish by making a break of structure to the upside. it actually took a buyside liquidity with small fvg. but what i did not notice was that, there was an unmitigated bearish ob above that and the price fell directly from that ob.
As i was bullish, i did not notice that and missed the trade on the bearish side. but i took a small
1 min scalp on pullback, entry on target 1( which i consider to be risky and i will not recommend it) and took my profits near the target 2.
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