GBPUSD 27/8/23
GU as we stated in our GOLD markup we have a pretty similar setup on all USD pairs, we created this range with a news event so as per we are using confirm only to enter at this POI.
Mainly iam looking for this to play from our C-swing and then blast our high POI but of course, we wont hold our breath for this move, iam looking more into our open sweep entries for price action until we shift out of this range until then iam cautious to swing trade the news POI.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
Mainly iam looking for this to play from our C-swing and then blast our high POI but of course, we wont hold our breath for this move, iam looking more into our open sweep entries for price action until we shift out of this range until then iam cautious to swing trade the news POI.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
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