GBPJPY 1H analysis
Scenario:
Price is currently ranging, liquidity has been built up below and above, buyers has been absorbed with divergence impact, price is currently building up to retest the 70 - 80 zone.
Expectation:
Once price takes out liquidity below, I will look for bullish 15m BOS and buy on the second retest block. Once price takes the liquidity above or reach the POI zone, I will look for 8m/15m bearish BOS and then make entry on the retest block.
Comment:
Making entry within the price range without waiting for the liquidity of either sides to be taken will not be ideal.. Best of LUCK !!!
Price is currently ranging, liquidity has been built up below and above, buyers has been absorbed with divergence impact, price is currently building up to retest the 70 - 80 zone.
Expectation:
Once price takes out liquidity below, I will look for bullish 15m BOS and buy on the second retest block. Once price takes the liquidity above or reach the POI zone, I will look for 8m/15m bearish BOS and then make entry on the retest block.
Comment:
Making entry within the price range without waiting for the liquidity of either sides to be taken will not be ideal.. Best of LUCK !!!
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For each live trade idea posted, position management details are available via the channel link below.👇
🥷 Telegram: t.me/join_fx5ive
♟️ Instagram: instagram.com/fx_5ive
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Pro. Smart Money Trader!
For each live trade idea posted, position management details are available via the channel link below.👇
🥷 Telegram: t.me/join_fx5ive
♟️ Instagram: instagram.com/fx_5ive
For each live trade idea posted, position management details are available via the channel link below.👇
🥷 Telegram: t.me/join_fx5ive
♟️ Instagram: instagram.com/fx_5ive
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.