GBP/USD 4-HOUR Chart Analysis with two side scenario

4 hari lalu

This GBP/USD 4H chart shows a detailed market structure analysis with both bullish and bearish possibilities. Here's a breakdown of the key elements and potential scenarios:
Current Market Overview:

Price: 1.35792
Timeframe: 4H
Main Structure Observed: A previous trading range followed by a break of structure (BOS) and now price is in a key decision zone.
Key Levels:

1. Trading Range (1.36200–1.37000) – Top of past consolidation.


2. Extreme Range / Supply Zone – Marked in black box near 1.37300–1.37500.


3. Demand Zone (just below current price) – Near 1.35500–1.35700 (marked with BOS label).


4. Major Support Zone – Around 1.34100 (blue box at the bottom).

Two-Side Scenario Explained:

✅ Bullish Scenario (Up Arrow):

If price holds above the current demand zone, we might see:

A short-term bounce or reversal toward 1.36500–1.37000 area.

Target: Retest upper resistance zone or even push toward extreme range highs (~1.37500).



❌ Bearish Scenario (Down Arrow):

If price breaks below the support around 1.35500, this could confirm:

A bearish continuation toward 1.34100 (next key support zone).

This aligns with the BOS and overall structure showing previous down move after failing to hold higher levels.
wait and let's see for next move in confirmation zone

semalam

Dagangan ditutup: sasaran tercapai

here is our analysis goes to right direction on sell side scenario guys