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.
Nota
Hiya, Happy New Year! I am currently watching for this price setup for the sell part of this week.Trade ativo
First trade of the year! Watching for my next entry to BOS.Nota
I havent entered yet, still expecting price to give a higher discounted entryNota
Entry scenario: If price breaks the recent low, then I would also anticipate this price action.Nota
At last, Price made a move. GBPUSD now has a BOS, i would be waiting for the retest.Trade ativo
I had set an entry and went to bed. It was not my best entry, however, lets continue watching price action.Trade fechado manualmente
Would wait for a higher entry, and in LDN sessionNota
hmmm...possible scenarioTrade fechado: objetivo atingido
Yes!Nota
Next Trade idea: Nota
Price has travelled too far, we might not retest the demand zone turned supply. I would be watching for distribution at the 38.2%Nota
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.Trade fechado: objetivo atingido
Nice! would be watching for price reversal at the 78.6 and the 88.6Nota
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.Nota
I would be watching for either of these patterns on the 15mins for an entry.Trade ativo
My SL is at BE already to avoid sob stories.Trade ativo
Remember, I am looking for a 15min BOS. So we are not out of the woods yet.Trade ativo
nice!Trade fechado manualmente
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.Nota
Good morning :)I would be watching for either of these price actions:
Nota
No entry. Price broke the high, complicated pullbacks. I would be watching for either of these:Nota
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.Nota
We might have an opportunity here:Trade ativo
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.Nota
Trade fechado: objetivo atingido
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.