GBPUSD Swing Trade idea 27-31 Jan-2025
Hello Traders.
Following up on the previous post and as promised. This is my expectation on GBPUSD on a HTF.
1. Swing structure is Bearish
*After a Bearish BOS, I can identify premium price for possible short positions targeting the newly created swing low.
*Price is already trading above equilibrium level /50% FIB and the identified POI i consider it a valid POI due to IMB/FVG; LQ, CHOCH & above 50% FIB.
2.Internal structure is Bullish
*Using 15m-3m i would be waiting for MSS to align with swing structure before taking any trades.
Following up on the previous post and as promised. This is my expectation on GBPUSD on a HTF.
1. Swing structure is Bearish
*After a Bearish BOS, I can identify premium price for possible short positions targeting the newly created swing low.
*Price is already trading above equilibrium level /50% FIB and the identified POI i consider it a valid POI due to IMB/FVG; LQ, CHOCH & above 50% FIB.
2.Internal structure is Bullish
*Using 15m-3m i would be waiting for MSS to align with swing structure before taking any trades.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.