GBPUSD - Probable trade set-ups
Key Highlights:
1. Higher time frame trend = Bearish
2. Multiple BOS to the downside
3. Retracing back towards the 4H POI
4. Liquidity pool overhead
5. 2 probable trade set-ups:
a> Rejection from the 4H POI
b> Sweep above the last HTF high taking out the liquidity before falling back towards the range low
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
1. Higher time frame trend = Bearish
2. Multiple BOS to the downside
3. Retracing back towards the 4H POI
4. Liquidity pool overhead
5. 2 probable trade set-ups:
a> Rejection from the 4H POI
b> Sweep above the last HTF high taking out the liquidity before falling back towards the range low
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Komen:
Invalidated. No change in structure.
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top
