glyrad

GBPUSD December 8 2023 Sell Trade

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OANDA:GBPUSD   Paun British / Dolar A.S.
As you can see GBP USD is in a bullish momentum, but i see a clear manipulation of highs from 4h going to 15min TF each. So i decided to take sell trade in one of the POI (point of interest) i am seeing in the charts, of course based on proof not on speculation.

After seeing validity on 1H TF , I checked again the 15minutes TF (my favorite TF for pending order to maximize risk to reward ratio) only to find out that it gives me a reason to sell and aim for that level ( check the charts for details.) . Another key factor here is always checked the market structure starting from daily-4h-3h-2h-1h-30min-15min for confluences.

RR: 1:6 (simple trade)
wyckoff schematics trade.

work smart :)
Dagangan ditutup secara manual:
manual close at 1.25199 because of 3min and 5min tf accumulation schematics
Penafian

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