SwingingPrime

GBPUSD Bearish Setup

Penjualan
SwingingPrime Diupdate   
OANDA:GBPUSD   Pound Inggris / Dollar AS
Price formed a double bottom at demand on the H4, and has since seen a bullish momentum, breaking key highs to form a double top for the next bearish momentum.
Price is still bearish on the higher timeframes. Using Elliot, we can approximate what stage of the correction that is unfolding.
I would be watching for price to begin the bearish momentum at current price or from the 1.21 zone. Target is at the 161.8% expansion at 1.57
Komentar:
From the last setup on the previous sell idea...
Komentar:
I took some trades yesterday evening and early this morning (Asian session). I am expecting a small bullish correction before the sell.
Komentar:
finally price has come into entry zone. As long as price doesnt break the HL, I would buy the break out to sell entry.
Komentar:
Price broke the low. I would be selling. Alternatively, if price forms support at demand, that just means we would break the high.
Trade aktif:
nice!
Trade aktif:
We might get another entry.
Trade aktif:
I am watching this 2nd entry carefully.
Trade aktif:
🤩
Trading ditutup: target tercapai:
Komentar:
Komentar:
hmmm, just a quick one
Trade aktif:
Trade aktif:
Komentar:
Price hit my BE.
Komentar:
Trade aktif:
live.
Komentar:
Previous trade was a loss. When price took out the previous high, I thought we might see a bullish momentum. However, this previous Asian session reaction to supply showed price was still bearish. I had to redo the analysis. I would be expecting something like this for LDN session.
Komentar:
Yes!
Trade aktif:
I am expecting a pullback.
Trade aktif:
I am expecting another pullback.
Trading ditutup secara manual:
i closed my sell.
Komentar:
I would be looking for buying opportunities for a correction:
Trade aktif:
Komentar:
Komentar:
setup amended
Komentar:
It's sad Price did not give the buy opportunity to sell zone. I would be watching for 15mins BOS to sell. 1st target is the break of the low, then I am expecting a pullback before the last sell of the week.
Trade aktif:
Trade aktif:
I would be looking for a buy setup next.
Komentar:
The key would be a 15min break of structure.
Komentar:
If Price breaks the recent low, i would be looking for retest to sell.
Komentar:
I would be looking for a retest for entry.
Trade aktif:
nice.
Trade aktif:
🤩
Trade aktif:
I took partials at the top...would be watching for additional opportunities for entry.
Komentar:
I would like to see a 1h retest of demand zone, and probably liquidity grab for confirmation of an entry.
Trade aktif:
Trade aktif:
nice!
Trade aktif:
GBPUSD; I am being very watchful with this one since its COB LDN session.

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